Archive for November, 2009

If You Have A Long-term Health Problem While On Short-term Health Insurance, What Happens When It Expires?

Monday, November 30th, 2009

For example, let’s say you purchase a short-term health insurance plan with a duration of 6 months. Then, 3 months from now, something goes wrong that will require treatment for many months or years (cancer, liver problems, a bad accident, etc).
Will the short-term health insurance plan only pay for your treatments for the remaining 3 months until the policy is set to expire? Or, since the health problem occurred while the plan was in effect, are treatments covered indefinitely (up until the lifetime maximum dollar amount is met)?

Is It True That A Term Life Insurance Plan Doesnt Pay Out Tthe Full Policy Amount When You Die?

Sunday, November 29th, 2009

example…my term ploicy is worth 30000.
when i die, will the whole 30000 be given to me?
term type – renewable and convertible
also, which company has the best term plans?