1. Bob VineyardPRO
    Founder, Georgia Medicare Plans, Atlanta,GA
    Most critical illness plans pay a lump sum cash benefit on first diagnosis of a covered illness or condition. Some plans, especially older ones, will pay a benefit as a reimbursement plan.

    The lump sum plan is superior in many ways. Read the definitions and never buy a life insurance based product.
    Answered on June 2, 2013
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