If you have a credit card, it is more than likely that you have been offered credit card unemployment insurance.

This is a beneficial program for some but it is important to weight the pros and cons that are unique to your needs before making a decision.

If you owe a lot on your credit card and do not have job stability, then it is a very worthwhile investment. If you are running a low balance and have steady income, then you can probably get away without it.