BB&T Insurance has added supplemental unemployment insurance to its online product offerings. With IncomeAssure, a supplemental unemployment insurance product, if an insured is laid off, they receive 50 percent of their former earnings, replaced through a combination of state coverage and IncomeAssure benefits payments.

"BB&T is proud to take the lead in offering a product that truly goes to the heart of what so many of our customers worry about on a daily basis," said Randy Screen, manager of the Marketing and Sales unit at BB&T Insurance Services. "This offering is something we have not been able to offer our customers before and something we're pleased to make available now."

Product Features

Rates and benefits are customized and vary by state, industry and the level of benefits desired.

Payment options include: annual, quarterly and monthly premium payment plans.

Monthly costs can be as low as $10; premiums are approximately 1 percent of annual income on average.

"We are tremendously excited to be launching with BB&T," said Greg Sawers, IncomeAssure’s CEO. "We applaud BB&T's continued dedication to product innovation."

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