Question 5025 of 287 · Texas Life, Accident and Health Agent Exam

A critical illness policy typically pays

Exactly one answer is correct.

Athe hospital bill after the insured pays a deductible
Ba monthly income for as long as the insured is disabled, at the discretion of the company
Ca lump sum on diagnosis of a covered condition such as heart attack, stroke or cancer
Donly the cost of prescription drugs

Show solution

Correct answer to question 5025

C: a lump sum on diagnosis of a covered condition such as heart attack, stroke or cancer

Explanation

The benefit is paid to the insured, no matter what other insurance pays. It helps with expenses such as lost income and travel for treatment.