Question: Rina has a three - condition critical illness ( CI ) policy that includes a second event rider. She suffered a stroke and received a

Rina has a three-condition critical illness (CI) policy that includes a second event rider. She suffered a stroke and received a $100,000 payout. Four years later, she required coronary heart bypass surgery, which involved a lengthy recovery. How will the second claim be handled?
A
The doctor's report would have to indicate that it is not related to the first condition to receive any benefit.
B
It is not a covered condition, so the benefit will be denied.
C
The second benefit will be paid, but it will be for a reduced amount.
D
A second benefit will not be paid because it is not a recurring illness.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!