What You Need to Know About Unemployment Insurance Policy

Due to the COVID-19 pandemic, unemployment insurance claims have increased as more Americans lose their employment and businesses continue to make cutbacks to survive. Many rules and regulations related to unemployment insurance have changed over time. At this time, it’s important to understand whether you can get unemployment insurance benefits after quitting your job.

Who is Eligible for Unemployment Insurance?

The CARES Act extends these benefits to groups of workers who are ineligible to collect under prior low, if they can’t work as a result of the COVID-19 pandemic. Self-employed individuals, independent contractors, and those with limited work history may be eligible for these benefits.

Broadly speaking, you may be eligible if one of the following statements is true in your case:

  • Your employer laid you off either permanently or temporarily
  • You are working reduced hours
  • You’re self-employed and have lost income
  • You are quarantined and, therefore, cannot work
  • You’re unable to work due to risk of exposure to the coronavirus
  • You are unable to work because you’re caring for a family member with coronavirus

Can I quit my job and collect unemployment benefits?

Generally, no. However, there is a new law that provides flexibility in this area, where if you need to leave employment due to risk of exposure to the coronavirus or are caring for a family member with the virus, you may be able to receive benefits.

Now you know in what cases you can get unemployment insurance benefits, so you can act accordingly. For assistance with your insurance needs, contact the experts at Promised Land Insurance Group. We are happy to help you with all your coverage needs and questions.

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