About half of critical illness insurance buyers purchased individual policies providing benefits of $20,000 or less, according to research from the American Association for Critical Illness Insurance and General Re Life Corp.

According to the 2012 National Critical Illness Insurance Buyer Study some 29 percent of male buyers and 31 percent of female buyers purchased benefit levels of $10,000 or less. Only 9 percent of men and 8 percent of women purchased more than $50,000 in protection.

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