| |  | The threat of unexpected job loss brings the potential of financial hardship. Any business that provides consumer financing gains an important competitive advantage when they provide Involuntary Unemployment Insurance as part of their service or offering. Buyers receive an added level of protection when they seek Involuntary Unemployment Insurance as they take on payment obligations. The specialists at Laurus Innovations are experts at structuring innovative, affordable strategies to meet almost any situation.
Involuntary Unemployment Insurance can be an attractive feature for companies that sell consumer goods and services via installment payments including: - Home Mortgages
- Automobile Loans
- Boat Loans
- Electronics and Appliances
- Furnishings
- Luxury Goods (jewelry, furs, exotic travel packages)
- Membership Fees
We can also structure Involuntary Unemployment Insurance to help protect financial obligations such as: - Alimony Payments
- Child Support
- Condominium Fees
- Credit Card Debt
- Education and Tuition Fees
- Rental Housing
The Facts: - Business agreements based on the repayment of an installment loan, or the expectation of ongoing fees, must be balanced against the acceptance of credit risk and default.
- At the same time, consumers strapped with payment obligations fear the loss of their job will leave them unable to provide the resources required to keep up.
- As consumer debt levels increase, the potential for default on payment obligations increases. A sudden shift in economic conditions can impact an entire industry (homes, car, boats, furniture, luxury goods, jewelry).
- Involuntary Unemployment Insurance can be structured as a value-added consumer protection to distinguish a seller's product or service.
We know this business; check us out. To learn more about our expertise in Involuntary Unemployment Insurance, please contact us at info@laurusinnovations.com.
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