Additionally, SoFi borrowers have access to no -
cost unemployment protection which pauses student loan payments temporarily if a borrower loses his or her job.
Not exact matches
H. To assure coverage in the event of
unemployment or loss of employer - provided coverage — Renewable and convertible term insurance provides a relatively low
cost method to cover the contingency of continuing
protection in the event of
unemployment or discontinuation of employer - provided coverage.
Aside from the personal and social
costs, impacts include:
unemployment, underemployment and lost productivity; public expenditure
costs for property damage and default on debt; and burden on the justice, child
protection, and health and welfare prevention and support systems.
MIPlus includes
unemployment protection at no additional
cost to the borrower.