Short Term Health Insurance Blog
Wednesday, April 26, 2017
Ensure the Plan Is Right with Secure 12x3 Plan OptionFiled Under: Blogging
Sometimes, one just wishes that buying everything in life worked like shopping at a mall— where you can return products you don’t like, with full credit. More so with health insurance, especially temporary insurance, where you are bombarded with so much information that you wish you had time to sort things out.
As a matter of fact, some short term medical insurance plans such as the Secure 12x3 STM plan offer just that option with the “free look period.” If, for example, you purchase the insurance plan and have not made a claim, you can return the Certificate of Insurance within 10 days of the plan becoming effective to receive a refund of the premium.
There might be some reduction in the premium refund, corresponding to administrative costs, but this is a great option for those who purchase the plan, only to discover that their needs are different from what the plan offers.
The Secure 12x3 STM plan is a fixed benefits medical insurance plan, with coverage for up to four scheduled doctor visits per year, inpatient and outpatient care, and ambulance services, among others. The maximum benefit under the plan is $750,000 per benefit period.