Temporary Insurance Plans

Most experts do not recommend individuals to buy a temporary health insurance policy. Although many advise against it, a lot of people are willing to purchase a temporary insurance. It is because they have recently resigned from their job and they are hoping to find another employer. The employer would be the one responsible in fixing a person’s insurance eventually. The problem with it is this. What if the person gets ill even before he finds an employer? That is one disadvantage of a temporary insurance. The fact that it is only temporary is also a great disadvantage. People should purchase permanent health insurances because they you can renew these policies and temporary policies cannot be renewed.

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27 January 2012 | Insurance

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