Page 1

Long Term And Short Term Insurance- Both Of Them Have Its Own Sort Of Advantages


No doubt choosing between different insurances is really tough. So, here are a few points to guide you to select the perfect insurance. Have a look below.

Every individual deserves a good healthy life. And for that, every individual need and access of quality health care service and also all the personal health needs because anything can happen at any point of time that is why we all should be aware of our health. After all ‘health’ is the only major thing that we all are dependent on. There are numerous diseases that can permanently destroy our lives. So it is all our responsibility to take necessary steps to fight against all those diseases with the help of health insurance coverage. Health Insurance coverage is a necessity for every


individual because it is possible that suddenly something happens and at that time you do not have enough money to afford the whole treatment process. This is a non-negotiable way of protecting you and also your family members at the time of medical emergency, accidents, etc. People seriously need insurance coverage plan be it a long term or short term insurance. People who need to adopt health coverage plan but selecting or choosing healthcare plan can be really tricky. There are many people who do not even have any idea about the plans and that is why they get caught up in major technical issues, and that can be pretty much confusing to them. The most common question that comes to


people mind about insurance plan is what kind of insurance exactly should they get? Which one is going to be better the short term plan or the long-term plan? A long-term health insurance generally reduces the cost of hospitalization and as well as an assisted living facility or home assistance and especially when an individual is no longer able to take care of them. Because as we all know that after a point of time that no one to take care of us so it is really very necessary for each and every individual to get an Insurance policy. The long-term insurance plan are for of 2 to 3 years. Whereas, your usual medi-claim policy can be valid for only 12 months, but a


long-term health plan can provide you the coverage of around 2 to 3 years which means if you are getting a long-term medical plan, you will be free from renewing the policy or the coverage every 12 months. A short-term health insurance policy definitely has a validity period of around 12 months. after 12 months you have to renew or else you can also surrender the right to ‘no claim bonus’ or even if you want you can also do NCB. Maximum people like to take up a short-term plan because it shortterm health and you do not have to pay any kind of heavy premium associated with a long-term health plan


There are many advantages of both long term and short term insurance so be very careful while selecting your insurance plan. Hopefully, all the points mentioned above will help you to make a right choice.

ADDRESS: The Secure Life Group LLC P.O. Box 261 Markham IL, 60428 CONTACT US: +18778005076 E-MAIL: info@thesecurelifegroup.com

long term or short term insurance  

No doubt choosing between different insurances is really tough. So, here are a few points to guide you to select the perfect insurance. Hav...

long term or short term insurance  

No doubt choosing between different insurances is really tough. So, here are a few points to guide you to select the perfect insurance. Hav...

Advertisement