RMO Financial Protection plans are designed to cover the essential expenses that continue even when your income is disrupted. Coverage varies by plan tier.
Basic Necessities (All Tiers):
- Groceries and food essentials
- Utility bills (electricity, gas, water, internet)
- Phone and basic communication costs
Housing (MyShield II and Above):
- Monthly rent or mortgage payment (up to the plan limit)
- Renter's or homeowner's insurance premiums
Expanded Essentials (MyShield III and Above):
- Transportation (car payment, fuel, public transit)
- Childcare and dependent care expenses
- Medical copays and prescription costs
Comprehensive Support (MyShield IV Only):
- Student loan or qualifying debt payments
- Professional development and certification costs
- Job placement and resume services
What Is Not Covered:
- Voluntary resignation or termination for cause
- Expenses that exceed the monthly benefit cap for your tier
- Luxury or non-essential purchases
For the full list of covered and excluded expenses, review your plan documents in MyRMO or schedule an appointment through MyRMO or by calling us to speak with an Expert.