Essay On Unemployment Insurance

609 Words3 Pages
The main purpose of Unemployment insurance is to provide a good quality, dependable and accurate services to their claimant and employers in a safe and confidential environment that demands integrity, honesty and accountability. As stated in Wikipedia: Unemployment insurance are social welfare payments made by the state or other authorized bodies to unemployed people. Benefits may be based on a compulsory para-governmental insurance system. Depending on the jurisdiction and the status of the person, those sums may be small, covering only basic needs, or may compensate the lost time proportionally to the previous earned salary. This type of the insurance provide some unemployment benefits to certain employees (eligible/qualified workers) who become unemployed through no fault of their own while searching for another job. In order to be qualified to this type of the insurance there are certain requirements that must be fulfilled by the employees (workers), because if there are no requirements people will tend to apply for the unemployment insurance without having interest to search ...
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