Amongst all the kinds and methods of insurance, short term insurance is one of the commonest today.
It is so, because short term insurance is only required at a period where the need for it is required. Typically, short term insurance covers a period of one year or less. Also, short term insurance covers all types of insurance policies other than life insurance, for obvious reasons – you cannot insure your life for just a short period of time. Hence, short term insurance would usually include vehicle, property, household, medical, personal liability, travel and business insurance.
There are specific insurance providers that work well at providing short term insurance in the United States and beyond. Being that short term insurance requires the insured to change insurance plans based on his or her changing needs, without the long-term commitment, the insurance provider must be able to move along with the flexibility of the client. It also has to possess the required manpower to cater for the needs of its clients. Usually, to find the best short term insurance providers, you would need to swim through the hundreds of providers available and get as many quotations as required. However, to make your job considerably easier, here are just a few of the best short term insurance providers that you can sign up with today.
The IHC Group
The IHC Group is an organization of insurance carriers, and marketing and administrative affiliates. For over 30 years, the member companies of The IHC Group have provided health, life, disability, dental, vision, short term medical and hospital indemnity insurance solutions to various individuals and groups alike. Their members include really big insurance companies within the United States. These members include Independence Holding Company, Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc., Independence American Insurance Company and IHC Specialty Benefits.
They also provide short term insurance services. IHC’s secure short-term medical policy offers monthly or single premium payments. This policy comes with affordable premiums that are achieved through benefit limitations. Short term insurance with the IHC Group would certainly give you your money’s worth. Their services for individuals include Short-term medical, Bundled gap coverage, Life, Dental, Vision, and Critical illness. For group, it includes fixed indemnity, Limited benefit, Dental, Vision, Life, and Disability.
United Health Care
UnitedHealth Group Inc. is an American diversified managed health care company based in Minnetonka, Minnesota. It is 6th on the Fortune 500 list and it offers a wide variety of products and services through two operating businesses, UnitedHealthcare and Optum, both subsidiaries of UnitedHealth Group. UnitedHealthcare is also a division of UnitedHealth Group. They offer short-term insurance plans for those that need to meet related needs and do so at affordable costs.
UHC has a workforce of about 185,000 people worldwide, and serves more than 125 countries; hence, they have ample experience when short term insurance or any other form of insurance is required. The UnitedHealthcare has particularly been offering short term insurance services for a while. With Golden Rule Insurance Company, which became a part of UnitedHealthcare in 2003 and still underwrites the Short Term Medical insurance product today, UHC has been offering Short Term insurance plans for over 30 years. Hence, they rank high as one of the best.
Geo Blue Travel Insurance
Blue Cross Blue Shield Global solutions provide a best-in-class, comprehensive suite of international products and services for people who live, work and travel internationally. GeoBlue offers various long and short term corporate group products under the Blue Cross Blue Shield Global brand with the Blue Cross Blue Shield Association and Bupa Global. GeoBlue focusses on International healthcare coverage for employers, individuals and students. They aim at providing peace of mind for short-term travellers and long-term expatriates to destinations around the world.
In other words, their short term insurance are targeted at those who travel frequently or at all that are in need of insurance – especially for less than a year. GeoBlue has served more than 20 years as a leader in international healthcare. They have over 1.2 Million medical providers worldwide, and serve over 190 countries and territories around the world. They are certainly able to handle all your short term insurance needs.
HCC Life Insurance Company (HCC Life)
This company is an insurance company with over 35 years of experience. They provide insurance solutions for the self-insured industry to protect self-funded employers from potentially catastrophic losses. Formerly known as Centris Life Insurance Company and changed its name to HCC Life Insurance Company in December 1999. They offer medical stop loss insurance products for employer groups and Taft-Hartley union plans; and group life, and short-term and long-term disability insurance products for organizations with 50 or more employees.
They have consistently held an A+ (Superior) rating for financial strength by A.M. Best Company as well as AA (Very Strong) ratings by Standard & Poor’s and Fitch Ratings. When it comes to short term insurance, HCC Life’s extensive product portfolio includes Short Term Medical (STM), a temporary health insurance option for people younger than 65 who find themselves or their families temporarily without long-term coverage. The benefits are immense. They include: hospital inpatient prescription drug coverage, coverage for outpatient surgery and hospitalization, including lab/x-ray and emergency room expenses, as well as specialist services.
Domestic Insurance for USA
Another great provider of short term insurance is Domestic Insurance for USA. They provide domestic, health, and life insurance in many parts within the United States. They offer short term health insurance for individuals and families, and even provide group health insurance for various organizations and employers. In addition to these, they also offer a wide range of insurance options for students.
Their STM (short term medical) plan offers proper coverage for recent graduates or those who are between jobs and looking for a short term health insurance plan. It offers up to $2 million in coverage, and is available for 6 months (12 months in some states). Their services are also immense. To be a part of it, you can get a quote online easily.