Layoff insurance is thriving in the current economic situation in Alberta

layoff employment Insurance Industry - Alberta, Canada

Residents of the Canadian province are paying about $50 per month, per person, just in case. A new form of standalone layoff insurance is increasing in popularity in Alberta, Canada, and this is being seen as a fresh indicator that an economic downturn has made its way into the province. Thousands of layoffs have already occurred in the province, particularly within the energy industry. In response, an insurer is hoping to be able to profit and help people at the same time, providing them with both peace of mind and…

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