Here we are in April of 2020 and the small organism of COVID-19 has managed to heavily impact our lives and the way we all conduct business and even manage our day to day lives. While RMG GROUP Protection has always offered an Income Loss Protection Plan we are not rolling out our Paycheck Protection Plan Program.
Our Paycheck Protection Plans serve as coverage for income that is lost temporarily due to no fault of your own AND in certain circumstances faults of your own. Not unemployment insurance although that is offered by our sister company RMG GROUP Insurance.
Each plan is calculated by national averages of Job Loss, Median Incomes and other data that help us determine a fair price for coverage. If you begin coverage and the price becomes lower you are always eligible to cancel your plan and then re-enroll to get the cheaper price.
When an incident happens that makes you become eligible to file a claim. Once that claim is approved your income will be paid to you how your normal most recent income schedule was made or on a weekly or bi-weekly schedule based on what is in the best interest of you and RMG GROUP Protection.
It typically takes about a week to get a final outcome of your Claim Resolution but can take longer depending on the third parties that need to be involved to verify the information in your claim and process it.
You'll also get a dedicated Case Manager that will assist in helping you resolve your hardship situation in order to get you permanent income and no you never pay RMG GROUP Protection back for the funds that are paid to you under your membership. Unless you do not follow the requestor attempts to resolve your hardship or it is found that you falsified or defrauded RMG GROUP Protection. Which in that case it may become a legal matter. It is best to always be honest just like you would expect of us! :-)
Below you may signup for a general Plan to get a better rate you may submit a Quote Request so we can generate a personalized plan.
Protect Incomes up to $500 Gross per paycheck against temporary:
Protect Incomes up to $1,500 Gross per paycheck against temporary:
Protect Incomes up to $3,000 Gross per paycheck against temporary:
Protect Incomes up to $6,000 Gross per paycheck against temporary:
Protect Incomes up to $8,000 Gross per paycheck against temporary:
Protect Incomes up to $10,000 Gross per paycheck against temporary:
Request a Quote from our Inside Sales Team and someone will follow up with you with a personalized Quote.
Request more information or a quote from our Business Sales Team.