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Life insurance terminology
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Item Title
Hits
What does life insurance with or without profits mean?
1204
What does participating or non-participating life insurance mean?
2152
With respect to life insurance, what is a bonus?
827
What is a simple reversionary bonus?
1320
What is a compound reversionary bonus?
2719
What is a death or claims bonus?
900
What is a final, terminal or maturity bonus?
2142
What are guaranteed cash payments?
975
What are policy dividends?
1000
What is policy cash value or surrender value?
867
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