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- Sick insurance is a type of insurance that pays a regular income to replace your wages if you can't work because of ill health or injury1. It is also known as sickness insurance or permanent health insurance1. Another form of sick insurance is critical illness insurance, which provides coverage for expenses that your health plan doesn’t cover2. Critical illness insurance is a supplemental health insurance that pays out a lump sum in the event of a serious medical diagnosis2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.What is sick insurance? Sickness insurance used to be known as permanent health insurance. It pays a regular income to replace your wages if you can't work because of ill health or injury. The policy pays out until you can return to work or reach retirement age, whichever is sooner.www.mytribeinsurance.co.uk/knowledge/sickness-i…Critical illness insurance is a form of supplemental health insurance that provides coverage for expenses that your health plan doesn’t cover. The purpose of critical illness insurance is to provide a monetary safety net in the event of a medical diagnosis that could result in expensive treatments or other financial hardships.www.forbes.com/advisor/health-insurance/critical-ill…
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