TERMIUM Plus®

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CRITICAL ILLNESS INSURANCE [1 record]

Record 1 2003-10-01

English

Subject field(s)
  • Health Insurance
CONT

Living benefits insurance is a unique kind of insurance [that] pays the benefit to you while you’re alive.... [Two] types of living benefits insurance :[are] critical illness insurance [and] long-term care insurance.

OBS

[Critical illness insurance] is designed to provide [the] peace of mind you need to deal with the unexpected and to get started on recovery as soon as possible. It provides a cash benefit if you’re diagnosed with one of the... covered conditions or Early Intervention Conditions defined in your contract.

French

Domaine(s)
  • Assurance-maladie
DEF

Assurance [qui] prévoit le paiement d'un montant forfaitaire à l'assuré qui, après un premier diagnostic (ou une première chirurgie, selon le cas), survit (pour la durée prévue dans le contrat d'assurance) à n'importe laquelle des 15 à 20 maladies graves ou conditions médicales habituellement couvertes par l'assureur. L'assuré peut dépenser l'argent comme il l'entend.

Spanish

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