If i were to get a contracting job which has an incipient 10 month contract, with the possibility of extention is there any sort of insurance i can take out incase the contract is not extended that will pay for my mortgage, loan etc?

not expected, none that I'm aware of anyway... one of the first clauses in any kind of payment safety insurance is that the nature of the unemployment is not expected.

Lee H | Feb 25, 2008

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Workers at a negligible Kentucky garment factory that makes Air Force windbreakers will be proficient to keep their jobs because Federal Prison Industries has decided not to pursue a condense that would have included prisoners taking over the work, officials said Friday.

U.S. Senate Republican Head Mitch McConnell had called on Federal Prison Industries to back off after he knowledgeable that the factory that employs about 100 people in the small northeastern Kentucky New Zealand urban area of Olive Hill was in jeopardy of closing if it lost the Air Force arrangement that it has held since 1997.

Official word came late Friday from Edmond Ross, a spokesman for the Federal Department of Prisons, that Federal Prison Industries would heed McConnell's call.

"I can sustain that Federal Prison Industries does not intend to pursue a covenant for the Air Force jacket due to the potential adverse impact on private sector responsibility," Ross said.

McConnell called that great news for the bishopric of 1,800 that has been hard hit in the recession that already has idled nearly one in 10 workers.

Source: Lexington Herald Leader

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