Keith works as a construction foreman, and he is viewed as a reliable, competent employee. During the 2007-2009 recession, Keith's employer reduced its workforce and Keith was let go without the expectation of being called back. Which one of the following would most likely provide Keith with benefits?
A) Group life insurance.B) Unemployment insurance.C) Workers' compensation insurance.D) Supplemental unemployment benefits.

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01-12-2021
Business

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Keith works as a construction foreman, and he is viewed as a reliable, competent employee. During the 2007-2009 recession, Keith's employer reduced its workforce and Keith was let go without the expectation of being called back. Which one of the following would most likely provide Keith with benefits?
A) Group life insurance.B) Unemployment insurance.C) Workers' compensation insurance.D) Supplemental unemployment benefits.

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Tundexi Tundexi · Answer 1 · 2021-12-15T08:46:35+01:00

Unemployment insurance is the provision that is most likely to provide Keith with benefits.

The unemployment insurance refers to a federal program which provides cash benefits to eligible workers.

Benefit in this aspect refers to compensation to be given to insured because of the loss he suffered as a result of unemployment.

In conclusion, the Option B is correct because Unemployment insurance is the provision that is most likely to provide Keith with benefits.

Read more about Unemployment insurance

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