IFoA SP1 Practice Questions - IFoA SP1 Health And Care Specialist Principles Exam

A standalone critical illness (CI) policy pays a lump sum on which event?

Diagnosis of a specified condition such as cancer, heart attack or stroke Inability to perform the duties of one's own occupation for a deferred period Reimbursement of incurred private hospital treatment costs Survival of the policyholder to a fixed maturity date

Correct Answer:

Diagnosis of a specified condition such as cancer, heart attack or stroke

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