Coverage
1 views2/22/2026
Understanding Your Coverage
coverage
policy
terms
# Your Savenes Coverage Explained

## What's Covered
- Involuntary Layoff - Company-initiated termination
- Position Elimination - Your role is removed
- Company Closure - Business shuts down
- Reduction in Force - Mass layoffs

## What's NOT Covered
- Voluntary resignation
- Termination for cause (misconduct, poor performance)
- End of contract (for contractors)
- Self-employment closure

## Coverage Amount
We cover up to 100% of your monthly rent for up to 3 months. The exact amount is based on your policy details.

## Waiting Period
There's a 6-month waiting period before you can file a claim. This ensures program sustainability.

## Coverage Period
Your policy is active for one year from the start date. Renew to maintain continuous coverage.

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