Question
SafetyNetTM was a simple insurance plan designed to help people if they lost their job due to a layoff, a job elimination or business closing
SafetyNetTM was a simple insurance plan designed to help people if they lost their job due to a layoff, a job elimination or business closing or if they got hurt or sick and couldn't work at their job for a month or longer. The insured party paid $5-$30 a month and then, if one of the above events took place, SafetyNet paid a lump sum benefit (up to $9,000) depending on the amount insured. According to the company's website,
As of August 28, 2019 SafetyNet income and disability insurance is no longer available for sale. . . . SafetyNet has helped many people through difficult times and we are grateful to those who chose us as part of their financial planning. Our decision to stop issuing new policies as of August 28, 2019, is unrelated to interested individuals' personal details or COVID-19.
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