What is critical illness insurance?
A) Coverage providing a lump-sum benefit to an employee who is diagnosed with a life-threatening illness
B) Coverage for prescription drugs when an employee is diagnosed with a illness that will require a leave of absence
C) A deductible expense per year that provides a fund to be used for the purchase of drugs not covered by health insurance
D) Incremental payments made to employees who no longer can return to work
E) Coverage providing a fixed lump-sum benefit in addition to life insurance benefits when injury is accidental
Correct Answer:
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