Lost Policy Release
Definition of "Lost policy release"
same as term Lost Policy Receipt: life insurance company form to be signed by a policyholder who wishes to surrender a policy that has been lost. The signed receipt then becomes evidence that the policy is no longer in force. This protects the insurance company if a policyholder claims that the policy was never surrendered.
Popular Insurance Terms
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Detailed descriptive list made available to the survivor (s) of the insured showing: attorney, accountant, insurance agent, and location of important documents such as wills, power of ...
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