Temporary Insurance : A Great Stopgap Arrangement
Monday, March 30th, 2009There are several categories of insurance; one of these is temporary insurance. This insurance is very valuable to those who due to some reason do not have insurance for a short period of time. Usually this insurance remains in force from a period of thirty days to up to a year. Temporary insurance is of great help to those who have switched jobs due to which reason they may not have the benefit of insurance cover from their new employer for a while. It is possible that their earlier employer may offer COBRA cover but this is extremely costly to maintain. There are times when a person quits a job to go back to college to complete an education or to make a value addition to it. Under such circumstances they may opt for temporary insurance knowing well that it will not be long before they return to work. As a stopgap arrangement of this kind, this is of great value. At the same time,this type of insurance provides immense respite to people who have been laid of .. Read More