What Is Short Term Life Insurance?

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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
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Article Sources
  1. Progressive. What Is Short-Term Life Insurance? (And How Does It Work?)
  2. Investopedia. Short Term Life Insurance: Benefits, Coverage And Cost
  3. Western & Southern Financial Group. Life Insurance Options
  4. Australian Securities and Investments Commission (ASIC). What Is Term Insurance? How Does It Work, And What Are ...
  5. National Center for Biotechnology Information (NCBI). Different Types Of Life Insurance Policies