What Does Additional Living Expense Insurance Mean?

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What does Additional Living Expense Insurance mean? Read on to discover the definition & meaning of the term Additional Living Expense Insurance - to help you better understand the language used in insurance policies.

Additional Living Expense Insurance

Additional Living Expense Insurance

Additional living expense (ALE) insurance is an insurance policy that covers certain extra expenses the policyholder incurs in the event they are temporarily displaced from their permanent residence due to fire, flood, and other losses or calamities that render the home uninhabitable.

We hope the you have a better understanding of the meaning of Additional Living Expense Insurance.

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