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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Life insurance accounting method that does not require any terminal reserve for a policy at the end of the first year. First-year policy acquisition expenses, such as agent commission, ...

Addition to a homeowners insurance policy, or other personal or business property policies, to provide extra coverage for listed articles. The standard policy has dollar limits on certain ...

Property acquired before marriage by gift, by inheritance, or bought with separate monies. ...

Provision in an insurance policy that states the monetary value of each piece of property to be insured. ...

Evidence of a temporary contract obliging a life or health insurance company to provide coverage as long as a premium accompanies an acceptable application. This gives the company time to ...