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If so, you may no longer qualify for insurace funds. That third party usually becomes support the people who rely full death benefit when the. Get more smart money moves for isnurance death benefits.
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Critical Illness - Laurence's storyGenerally, the policy will pay out the full amount for which you are covered - once they are satisfied that you do have a terminal illness. Of. Terminal Illness Cover could pay out the full amount of cover if you are diagnosed with a terminal illness (when life expectancy is less than 12 months). Does life insurance pay out for terminal illness? Yes, life insurance policies do usually pay out for terminal illnesses, but the diagnosis has to come.