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Insurance

Single-premium life

is called a single-premium whole life policy.

A single-premium whole life policy, as its name suggests, is a type of whole life insurance where the premium is paid in one lump sum. This means that the policyholder only needs to make one payment to secure coverage for their entire life. Unlike other types of life insurance, which require multiple premium payments over a period of time, this policy provides immediate and lifelong coverage with just one payment. This can be a great option for individuals looking for a one-time, hassle-free approach to securing financial protection for their loved ones.

Average adjusters

In the realm of marine insurance, there exists a title known as a "claims adjuster." This term refers to individuals who specialize in assessing and determining the value of...

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Key person insurance

In the world of finance, there is a term that holds great significance for businesses - key person insurance. This type of insurance provides financial protection in the eve...

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Critical Illness Rider

Life insurance policies offer a critical illness rider as a safeguard against unexpected financial burdens caused by a terminal illness. This rider provides the insured with...

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Straight life annuity

An irrevocable life annuity is a financial arrangement where the annuitant receives a fixed income for the rest of their life, without any provision for a refund to beneficia...

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