What Is Short Term Life Insurance?
Short-term life insurance policies offer coverage for less than a year and are intended to provide temporary coverage for a specific purpose. They are not meant to replace long-term life insurance policies. Here are some reasons why someone might consider a short-term life insurance policy:
|Reasons to Consider Short-Term Life Insurance|
|To cover a short-term debt|
|To protect a business|
|To supplement an existing life insurance policy|
A short-term life insurance policy may be a good choice when you have a specific need for temporary coverage. However, it’s important to consult with a qualified agent or company representative to determine the right product for your situation.
Protective® is a registered trademark of Protective Life Insurance Company. Protective Life refers to Protective Life Insurance Company (PLICO) and its affiliates, including Protective Life and Annuity Insurance Company (PLAIC). Product availability and features may vary by state. Each company is solely responsible for the financial obligations accruing under the products it issues. Securities offered by Investment Distributors, Inc. (IDI) the principal underwriter for registered products issued by PLICO and PLAIC, its affiliates. IDI is located in Birmingham, Alabama. Insurance and Annuities are: Not a Deposit | Not Insured by any Federal Government Agency | Have no Bank or Credit Union Guarantee | Not FDIC/NCUA Insured | May Lose Value.