New Hampshire Code of Administrative Rules
Ins - Commissioner, Insurance Department
Chapter Ins 3900 - OTHER INSURANCES
Part Ins 3902 - INDIVIDUAL SUPPLEMENTAL UNEMPLOYMENT INSURANCE
Section Ins 3902.04 - Benefits
Universal Citation: NH Admin Rules Ins 3902.04
Current through Register No. 12, March 21, 2024
(a) Benefits shall be paid weekly for any involuntary loss of employment, so long as:
(1) The insured has been approved to receive
unemployment benefits; and
(2) Any
waiting period or exclusionary period has elapsed.
(b) The maximum weekly unemployment benefit payable under a supplemental unemployment insurance policy shall be 50 percent of weekly wages minus the amount of maximum weekly unemployment benefits at the time of application for coverage.
(c) For purposes of determining the maximum weekly benefit payable to the insured under (b) above, weekly wages shall be the lesser of:
(1) The weekly wages reported
by the insured to the insurer at the time of initial application, or any
subsequent agreed upon increase in equivalent weekly wages and corresponding
increased limits; or
(2) The
insured's weekly wages as determined by state unemployment compensation
records.
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