noun
Meaning 1
Insurance that pays out a lump sum benefit on the diagnosis of a serious (life-threatening) illness in the life assured within the term of the policy, and nothing on death or healthy survival to the end of the term.
Definition source: English Wiktionary via Wiktextract
Usage: uncountable
Topics: business, insurance
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided