Loss of Employment Protection (LOEP)

Loss of Employment Insurance Protection

Last updated · — min read

What Is Loss of Employment Insurance Protection?

Loss of Employment Insurance Protection is a policy that provides financial support in case of unexpected job loss. With an affordable monthly premium, you are protected with coverage equivalent to up to three months of rent, helping you stay in your home while you get back on your feet.

Please Note: Loss of Employment Insurance Protection is not available to New York state residents

What Does the Policy Cover?

If you experience an involuntary job loss, the policy can help cover: 

  • Rent payments
  • Essential living expenses

This support is available for a defined period while you are actively looking for new work.

Who is Eligible? 

To qualify, you must be currently employed full-time (30+ hours per week) and have been at your job for at least 3 months before signing up.  

Coverage does not apply to: 

  • Job loss that occurs before your policy start date
  • Job loss within the first 90 days of your policy (the waiting period)
  • Short-term employment contracts
  • Part-time employment
  • Volunteer work or training programs

Understanding the 90- Day  Waiting Period

Your coverage is not active within the first 90 days after enrollment. Claims for job loss that occur before your policy starts or during this waiting period are not eligible. Once the 90-day period is complete, your coverage becomes active. 

When Can You Submit a Claim?

You may be eligible to submit a claim if all of the following apply:

  • You lost your job through no fault of your own
  • The job loss occurred after completing the 90-day waiting period
  • You have been unemployed for at least 30 days

Managing Your Policy

Loss of Employment Insurance policies are not managed through Rhino + Jetty’s Renter Portal. Depending on your need, contact the appropriate team below: 

Please Note: 

Rhino + Jetty acts as the licensed agency that helps you obtain this policy, but does not manage or oversee claims. MIC Global is responsible for reviewing and adjudicating all claims, and Rhino + Jetty does not have visibility into that process.

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