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Popular Real Estate Glossary Terms
Procedure in employee benefit plans to calculate life insurance and retirement benefits to which an employee is entitled. ...
Before getting a loan to buy a property, you must know the definition of foreclosure. A foreclosure is the process of making a loan due immediately. Technically, a loan becomes due way ...
Same as term Expiration: termination date of coverage as indicated on the insurance policy. ...
Policy that pays benefits only when coverage under other applicable insurance policies has become exhausted. For example, the personal umbrella liability policy pays after the liability ...
Type of business interruption insurance that provides indirect loss coverage by endorsement to boiler and machinery insurance. The latter, sometimes called power plant insurance, provides ...