unemployment insurance

US /ʌnɪmˈplɔɪmənt ɪnˈʃʊrəns/
UK /ʌnɪmˈplɔɪmənt ɪnˈʃʊrəns/
"unemployment insurance" picture
1.

a system of government payments to people who are temporarily out of work

:
After losing his job, he applied for unemployment insurance.
Many people rely on unemployment insurance during economic downturns.