Job Loss Insurance: October 2007 Archives
Charlotte, NC's Bank of America will lay off 3000 employees. Bank of America was the first US Bank to offer an Unemployment Protection package to their loan customers several years ago, calling it the Borrowers Protection Plan.
We wonder how many of these laid-off employees who also have outstanding loans with their previous employer have their loans covered by the Borrowers Protection Plan.
It use to be that bankers would work their entire career with the same bank. Today, with outsourcing, offshoring, mergers and acqusitions, even bank employees worry about job loss.
If you are in any way concerned that your job may be in jeopardy, or if a sudden disability is a concern, we suggest you visit www.salaryprotector.com to learn more about Unemployment Job Loss Protection.
John Hartline
1-800-562-8019
We wonder how many of these laid-off employees who also have outstanding loans with their previous employer have their loans covered by the Borrowers Protection Plan.
It use to be that bankers would work their entire career with the same bank. Today, with outsourcing, offshoring, mergers and acqusitions, even bank employees worry about job loss.
If you are in any way concerned that your job may be in jeopardy, or if a sudden disability is a concern, we suggest you visit www.salaryprotector.com to learn more about Unemployment Job Loss Protection.
John Hartline
1-800-562-8019
Countrywide Financial is offering to renegotiate with tens of thousands of their mortgage customers whose mortgage payments are scheduled to increase dramatically soon, due to adjustable interest rates. Countrywide said they will contact more than 52,000 customers to try to "stave off pending foreclosure".
We applaud Countrywide's announcement. But we ask if they will encourage their customers to protect their loans with Job Loss Involuntary Mortgage Insurance, Disability Mortgage Insurance, or Mortgage Protection Life Insurance during this 'renegotiation process'.
If Countrywide is successful with this endeavor, the borrowers will have an opportunity to revisit their overall financial plan, and perhaps obtain information about the Mortgage Safety Plan, by visiting SalaryProtector.com, a site offering information about mortgage job loss unemployment insurance.
John Hartline
1-800-562-8019
We applaud Countrywide's announcement. But we ask if they will encourage their customers to protect their loans with Job Loss Involuntary Mortgage Insurance, Disability Mortgage Insurance, or Mortgage Protection Life Insurance during this 'renegotiation process'.
If Countrywide is successful with this endeavor, the borrowers will have an opportunity to revisit their overall financial plan, and perhaps obtain information about the Mortgage Safety Plan, by visiting SalaryProtector.com, a site offering information about mortgage job loss unemployment insurance.
John Hartline
1-800-562-8019
