Critical illness benefits are paid

Name: Critical illness benefits are paid
Brand: Quizplus
Rating: 4.8 (53 reviews)

Question

Quizplus · Accepted Answer

Critical illness benefits are paid to the policyholder before he or she dies to help cover medical expenses and other costs associated with the illness. This is typically a lump-sum payment, rather than installments, and is meant to provide financial support during a difficult time. It is not paid to the policyholder's spouse or beneficiaries, as it is meant to be used by the policyholder during their lifetime.

Critical Illness Benefits Are Paid