The Unemployment Savings Program is an alternative that’s tailored especially to your organization. The program offers comprehensive insurance coverage with stop-loss insurance limits for every employee depending on the organization’s size and experience.
It also includes an interest-bearing reserve account. Unlike the taxes paid into your SUI tax account with the state, this interest-bearing reserve account is yours and will be returned to you if you should ever decide to withdraw from the program. Your account balance can be considered an asset and recognized as such in your organization’s financial records.
Get access to state-compliant, individually assured options that reduce unemployment costs, safeguard budgets, and avoid unanticipated expenses. That means no pooled losses, no shared expenses, and no suffering from other members’ negative claim experiences.