What Does ALE Mean?

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

ALE

ALE

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 ALE.

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