Isnt that labelled as income protection insurance, where you will be paid a regular income stream in the period that you are disabled. In australia, there is a distinction between income protection insurance and TPD

you mean unemployment insurance? my understanding of retrenchment benefits is where a company pays an employee retrenchment benefit from the employee's contribution (pension) in the event of retrenchment. Regarding unemployment insurance, i think it is hardly offered anywhere too even though it exists.

This post has been edited by GrooveCoverage: Dec 9 2006, 06:43 AM