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Understanding Health Insurance Plans Catastrophic Definitions Plan Infographic Bradford Financial

understanding health insurance plans catastrophic definitions plan

Category : Insurance Plans.

Topic : Understanding health insurance plans.

Author : Matilda Tipper.

Published : Wed, Jul 10 2019 :1 AM.

Format : jpg/jpeg.

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The sum assured is the coverage amount agreed by the policyholder at the time of purchasing the policy and this benefit is only payable in case of her/his death. In case, the term plan completes the fixed term assigned to it and the life insured is still alive, the plan will attain maturity. Once the plan matures, no benefit is paid to the insured. This is the case with pure protection term insurance plan that comes with death coverage.

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