A Critical Illness Plan provides lump sum benefit payments to the insured to help offset any out-of-pocket healthcare expenses or other household expenses if a covered critical health incident occurs in the future. Additionally, even if a covered critical health incident does not occur, 100% of the Plan’s benefit amount is paid to the named beneficiary upon the insured’s death. This unique and valuable Critical Illness coverage is achieved by combining the Plan’s 5-year renewable term life benefit payable to the named beneficiary with a stated percentage of the Plan’s life benefit paid in lump sum to the insured for covered critical illnesses, injuries, and surgeries. The life benefit is reduced by the amount of lump sum benefits paid.