Which one of the following statements is incorrect with regard to Critical Illness (C.I.) Rider? Choose the most appropriate option.
1
A Specified Amount is Paid, as per the Policy Terms, in the Event of Diagnosis of a Critical Illness.
2
The Illness should have been covered in the List of Critical Illnesses, specified by the Insurance Company.
3
Critical Illness (C.I.) Rider is an Example of the Claims, that may occur, during the Policy Term.
4
The Life Assurance Policy Contract Terminates, After the Rider-Payments are Made.
5
The Life Assurance Policy Contract Never Terminates