1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Critical illness insurance covers stroke, cancer, heart attack, and other conditions as spelled out in the policy. These may include Alzheimers, blindness, coronary bypass, deafness, kidney failure, MS, organ transplant, paralysis, Parkinsons, and/or terminal illness. Some conditions, or levels of the health condition, trigger a partial payment rather than a full payment. Each policy is different and must be reviewed individually to know exactly what it covers.
    Answered on August 8, 2013
  2. 1330 POINTS
    Mark Taylor
    Licensed Life Agent, Life and Finance/ 50 States, New York
    Critical Illness insurance is a form of health cash indemnity insurance that will help pay the costs of treatments and other financial obligations at home. The payments are lump sum cash, and tax free and a supplement for any other insurance can be used along with this coverage. Amounts are from 20,000 to.1,000,000 depending on company and policy. Coverage is for Cancer, Heart Attack, Stroke, and Renal Failure
    Answered on January 20, 2014
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