Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• INVOLUNTARY UNEMPLOYMENT INSURANCE
  
  Credit insurance that is designed to make payments in the event the insured borrower becomes involuntarily unemployed during the term of the loan, as a result of layoff, termination, lockout, and, in some states, strike.
  
  Back