Welcome to Universal Wealth Creation.com

This site have been developed as a resource for people

searching for the best ways to create wealth and increase the

quality of their lives. Inside you will find reviews of the latest

Investment strategies available.

Wealth Creation

Home Page

Financial Wealth

Business & Finance Articles

Employment Insurance
By: Jakob Jelling

Employment insurance will help you keep from going bankrupt if you lose your job!

If you live in Canada, then you might want to think about employment insurance. Essentially, employment insurance is just a way for you to insure your income in the future. While you are still working, you pay premiums - and usually these will not be too expensive. Then, if you lose your job in the future, you'll be allowed to apply for extra unemployment benefits - essentially, you are insuring your income for the future. This is a good idea if you feel that you are in any risk of losing your job.

One thing to keep in mind, however, is that you will not be eligible to get the benefits of employment insurance if it is your fault that you have lost your job. However, if you lose your job due to lay-offs, or because there is not enough work, or if your employer goes out of business, then you are probably eligible. You also have to be without work for an entire week straight and that you have done enough work in the past year to be eligible.

As far as how much money you will get from your claim, how much your premiums cost and how many hours you have to work in order to be eligible, those numbers vary from place to place. Therefore, if you want to find out exactly what you'll need to do in order to be eligible for employment insurance should you lose your job, you should contact a government office and ask.

You can check to find out where you need to apply or where the nearest office is. If you are nervous about applying for employment insurance online, then you can go to the office that is nearest to you and apply there.

If you are worried that you could lose your job at any time in the near future, then you should definitely start paying the premiums for employment insurance. As long as you are eligible for this insurance then you will not have as much to worry about if you lose your job. All you'll have to do is fill out the claim after you lose your job, and you'll start getting your employment insurance benefits.

Don't wait! If you live in Canada, you should apply as soon as possible!

Return to Index
Return To Universal Wealth Creation Home Page

About The Author

Jakob Jelling is the founder of http://www.cashbazar.com. Visit his website for the latest on personal finance, debt elimination, budgeting, credit cards and real estate.

This article was posted on August 06, 2005

http://www.universalwealthcreation.com Wealth Creation | Financial Wealth

Copying or republishing this article is permitted with this footer included

Collect a Free 260 page ebook here: Universal Wealth Earn up to $1,000 per referral: Wealth Creation Affiliate

These property, finance, stock market & business articles have been supplied in the interest of Universal Wealth Creations visitors who want to expand their knowledge in the wealth creation & investment fields. All the business, finance, stock market & business articles have not been read as they are submitted remotely, so if you find any questionable facts in here or simply do not like it, please email webmaster@universalwealthcreation.com and we will review the material. As we find time to do so, we will go through all articles and remove any that appear not suitable. Other sites we recommend here at Universal Wealth Creation are: 21st Century Academy with Jamie McIntyre, Investor Finance, Universal Trading Solutions which promotes great wealth creators like: Kim Reilly, Simon Martin, Justin Beeton, Louise Bedford, John Kaye, Daniel Kertcher & more. They run great seminars across the country. At times we will publish dates for these seminars as they are made available around the counrty. Meanwhile, there is a great opportunity to learn about the finance, stock market & property investment field through reading these kind of articles. Learn about share trading, options, futures, CFD's, derivatives, warrants, indices & more in the stock market. You will also learn plenty about business, finance & property investing through authors opinions in the marketplace. Enjoy your journey towards financial freedom. We hope you will enjoy your visit.

Regards Sean Rasmussen - Universal Wealth Creation Pty Ltd

Site Map

Financial Wealth Business & Finance Articles

Financial Wealth

Business & Finance Articles