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Popular Real Estate Glossary Terms
Insurance furnishes an important tool in satisfying the financial objectives of people or a business entity. The type and amount of insurance varies with age, property, rental income, and ...
Bureau insurer that files its statistical and underwriting experience with a rating bureau. ...
The open perils policy is the counterpart to the named perils policy. In it, any peril NOT mentioned is covered by the policy. Here's an example: let's say you got an open perils policy ...
If the annuitant dies before receiving total income at least equal to the premiums paid, the beneficiary receives the difference in a lump sum. If the annuitant lives after the income paid ...
Assets from a will transfer into an established life insurance trust. Through this mechanism, assets that have been probated are transferred into a living trust. ...