Hope you all are doing great.
So I have a question in my mind regarding this company called Jobsurance.
What do you guys think of the business model and overall use case of this company which is betting on an insurance on a job?
This was started by my ex boss. Not sure about how this works in indian market 🥲
Ohh maybe the the ex boss is onto something new now :)
Maybe he got fired
This is not at all feasible in Indian market.. considering 99.9% employers will ask employees to resign voluntarily. There's no proof of firing/layoff - ergo no insurance payout
Ohhh but still maybe the employee could show the written thing to the insurer that hey they asked to me resign so that is also an indirect layoff
Not sure if it will pass the T&C checks. And anyways, mostly such instructions are verbal.. no one will give it in writing to avoid legal consequences
I guess it speaks volumes that they stopped the product.
They stopped the product just called them
Didn’t get you
Product is no longer available
I read the t&c carefully. Those are tricky. If only you pass all those checks, you would get your claim
Oh I see. Means the T&C would be their hidden thing to ride on the profits and sustainability?
It always is in insurance business
Did Jobsurance actually provide cover for any folks that have been laid off? Or is it useless (or worse - a scam)?
Anybody here checked out Jobsurance? I am seeing a lot of LinkedIn influencers promoting it.(I get skeptical if influencers promote a product). It looks good on papers. Just wanted to know if anyone bought it and what are the costs?
I work in product for a series A funded startup that just laid off 40% folks in my team.
Work environment has become tremendously stressful with top management continuously threatening about every small thing.
Although getting job ins...
