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Harley is considering purchasing a critical illness insurance policy. He discusses the policy with his insurance agent, Gustav, and is unsure how the benefit is

Harley is considering purchasing a critical illness insurance policy. He discusses the policy with his insurance agent, Gustav, and is unsure how the benefit is triggered. Harley wants to ensure that he gets the best possible coverage. Gustav informs Harley that there are some limitations that he should be aware of. Which of the following statements is CORRECT?

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