Description:
My Life Insurance Broker Told Me I Have Terminal Illness.What Is This?With the majority of the life insurance contracts, if they be level decreasing single or joint they have something called terminal illness added into it. What it is this terminal illness ? I have a friend who has critical illness insurance on his life is this the same thing ? Well the answer is no, terminal illness is added without cost and is where the insurer will pay out when the policy holders life expectancy is no greater than 12 months.
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