For clients who have lost their jobs, sometimes unemployment benefits are not enough. Now, Assura Group of NY has created another option for those concerned about what might happen in the event of involuntary job loss.

IncomeAssure is an unemployment insurance policy that supplements state unemployment benefits. The policy replaces 50 percent of a worker's former wages — in combination with state unemployment benefits — up to $250,000. It is currently available to employees working in 34 states and the District of Columbia and is the only insurance of its kind available in the U.S.

"People's perceptions of job and financial security have been fundamentally changed by the Great Recession. IncomeAssure was designed to provide peace of mind and help workers weather job loss," said Leslie Nylund, CEO, Assura Group. "We saw a need for a solution that enables displaced workers to meet their basic short-term obligations, like household expenses, tuition costs, or mortgage payments, without wiping out their savings or investments."