accelerated critical illness
nounEtymology
On the assumption that any illness covered by the critical illness portion of the insurance is potentially terminal, this is equivalent to a term assurance contract whose benefit payment is brought forward (accelerated) to the point of diagnosis of terminal illness, rather than waiting for actual death.
Definitions
Insurance that pays out a lump sum benefit on either the death or diagnosis of a serious…
Insurance that pays out a lump sum benefit on either the death or diagnosis of a serious (life-threatening) illness in the life assured within the term of the policy, and nothing on healthy survival to the end of the term.
The neighborhood
Vish — recursive loop
No curated loop yet for accelerated critical illness. Loops are being traced one word at a time while the ingestion pipeline matures.
sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA