What Is Critical Illness In Insurance?

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   Michael Braun

   Agent, Leading Times Insurance, LLC, United States

   Critical illness insurance is like life insurance but is a living benefit.   Most policies will pay out on some type of health event like Stroke, Heart Attack, Cancer, and others.   It usually pays a specified amount to the policy holder to take care of medical bills, lost income, additional care, or home modification.   

   Answered on June 28, 2013

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