Speakur

Word Pronunciation & Dictionary

accelerated critical illness

Word Rarity Rare

Frequency: 3.64 in modern English

Syllables
ac-cel-er-at-ed -crit-i-cal ill-ness
IPA
35
Scrabble Score
26
Letters
9
Syllables
10
Unique Chars

Meaning

noun

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.

Uncountable

Etymology

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.

Usage

Questions

What does accelerated critical illness mean?
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.
Where does accelerated critical illness come from?
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.

How to pronounce accelerated critical illness

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