Before you opt for an unemployment payment protection
, see if the insurance provider covers self employed people too. Similarly, employees on contract must choose unemployment insurance carefully. Payment protection insurance companies will accept a claim only if the worker is on a yearly contract that has been renewed at least once every year. Or else you should be in employment for at least 6 months with the same employer or organization, wherein the contract has been renewed twice in a year. Here, unemployment insurance will pay only if the contract has been terminated early, and the unemployment insurance benefit will be paid only until the date the contract would have expired.