Short Term Insurance
It is a type of insurance that offers coverage for a short duration of time. In short-term insurance, a person who buys the insurance pays premiums and, in return, gets financial security for a particular duration. It provides financial security to the nominee in case any unfortunate event occurs during the course of time.
Short-term insurance offers coverage to the insured for a period of 12 months or lower. It covers financial protection for preventive care, emergency medical needs, doctors’ consultations, and other urgent medical requirements. Short-term health insurance coverage can be extremely useful if you are temporarily uninsured on the health front or if you want to access health insurance plans cover at affordable costs.