critical illness

English

Alternative forms

Noun

critical illness (uncountable)

  1. (insurance) Insurance that pays out a lump sum benefit on the diagnosis of a serious (life-threatening) illness in the life assured within the term of the policy, and nothing on death or healthy survival to the end of the term.

Synonyms
  • dread disease
  • living assurance
  • trauma insurance
  • serious illness insurance
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