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Critical illness benefits and triggers: An introduction

ByAshlee Borcan, Grigori Lev, and Stephen Rook
12 January 2021

Critical illness (CI) insurance is gaining popularity in the U.S. market and typically pays a lump-sum benefit for the diagnosis of a covered severe health event. What are some common CI benefit triggers found in the U.S. marketplace?

This article was originally published by Society of Actuaries.

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About the Author(s)

Grigori Lev

Stephen Rook

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