Life insurance does cover death due to illness. It will pay the face amount upon the death of the insured person whether they passed from illness, accident, or old age.
Life insurance does not cover expenses associated with having illness while still alive, unless the life insurance policy has a "living benefit" feature or rider designed to cover certain types of illness.
Agent Owner, Gilmore Insurance Services, Marysville, Washington State
Does life insurance cover illness? Not in the way health insurance would. Health insurance would help pay for treatment costs, life insurance deals with the death of the insured. If the quesiton is will life insurance pay for death by illness? yes, in most cases except accidental death coverage.
.JPG){kind=avatar}
Life insurance does not cover expenses associated with having illness while still alive, unless the life insurance policy has a "living benefit" feature or rider designed to cover certain types of illness.