Formerly named the Amigo Short Term Medical Plan, HCC Life Insurance Co. announced that the product is now known as HCC Life Short Term Medical.

The product offered by the Indianapolis, Ind.-based company is designed to provide healthcare coverage for individuals and families in need of medical insurance on a short-term basis.

HCC Life STM features a choice of deductible, co-insurance and length of coverage needed, according to the company. Clients also have the choice to purchase the product either through their professional health insurance agent or online through the company’s direct insurance agency, HCC Medical Insurance Services.

The product is available in 38 states, including Pennsylvania and Virginia, as well as the District of Columbia, with approval pending in Maryland.

The company said the product is appropriate for those in transition such as recent college graduates, unemployed individuals, new employees awaiting benefit eligibility and those seeking an alternative to COBRA coverage.