Health Care Power Of Attorney
Legal instrument that authorizes a person to make medical decisions for another person should that person become permanently or temporarily incapable of making those decisions. This power is usually coupled with a living will to indicate the type of health care desired if the person no longer has control of his or her faculties or is terminally ill.
Popular Insurance Terms
Model state law of the NAIC that stipulates that the contract owner must receive annual reports concerning the annuity unit values, the manner in which the variable benefits are calculated, ...
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