Short term insurance is meant to cover one for injuries and diseases for up to twelve months. This insurance cover is becoming quite popular with people today.
Quite a number of people benefit from short term insurance covers, some of them being those who have recently lost their jobs, students no longer covered by their parents’ cover, self-employed people and seasonal workers looking for an affordable cover. It is important that you talk to an expert on short term health insurance plans before you decide on which one to go for so as to avoid going for one that will not be of help to you. These covers are important because they buy one time until such a time where one can afford a long term one. Discussed in this article are a number of reasons why short-term health insurance could be good for you.
Short term health insurance might be good for you because it offers flexible timing. You do not have to worry about missing the enrollment period with short term health insurance because you can enroll at any time and qualify. You therefore don’t have to worry about getting quality healthcare if you forget to get a long-term cover when enrollment is open.
You also stand to benefit a lot from the low premium charges on short term health insurance covers. This is particularly beneficial if you do not have consistent income coming in but would still like to have health insurance. Studies show that long term health insurance plans’ premiums rise every year but you do not have to worry about this with short term health insurance.
Thirdly, there is no commitment with short term health insurance plans. You are allowed to discontinue with your plan should a better one come your way. There is a cancellation fee if you discontinue your long-term health insurance cover. It is advisable to maintain your short-term insurance cover until you are absolutely sure that your new cover will step in in case anything goes wrong.
Fourthly, you are not restricted to any particular area with a short-term health insurance plan. This means that you can access healthcare in any part of the country and your insurance company will cover the costs. Since this may differ from one insurance company to another, it would be wise to seek clarification before you decide to get the cover. Get yourself a short-term health insurance because the future is uncertain and you need to be covered for any eventuality.