Best short term life insurance
originally posted: 11/22/2006 reposted: 2/18/2011 This post has not been recently reviewed or revised by the author and may be out of date. If you notice an error or are in doubt, please send a new question by email or ask for an update. Email asktony@tonynovak.com.
Q: What is the best short-term life insurance plan for coverage from 6 to 12 months?
A: For clarification, there is no product legally defined as "short term life insurance". What you really mean is "what is the best 'regular' life insurance if I intend to keep the policy for only 6-12 months". This implies that other more desirable life insurance will be available in the future - usually employer-paid group insurance. In contrast, the term 'short term health insurance' has an entirely different definition and legal structure than 'regular' health insurance. In either case, short term life insurance is commonly used in conjunction with short term medical insurance when a person changes jobs and goes through a period without employer-provided group benefits. The coverage should be competitively priced, have easy qualification, a simple online enrollment procedure and fast issue and delivery. For this purpose we recommend Guarantee Trust Life Insurance. It is significantly less expensive than most immediate issue overages. Underwriting and policy issue takes a few days (rather than weeks for some policies). The entire pricing and application process is available online with professional OnlineAdviser enrollment support at http://gtllifeinsurance.com/launch.aspx?refnumber=000000161-027-001
Summary
More resources:
"Do I qualify for Guarantee Trust Life Insurance?" Short term life insurance