Morbidity Assumption

Definition of "Morbidity assumption"

Statistical projection of future illness, sickness, and disease.

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Defendant

(1) Civil: Individual against whom a court action is brought by a plaintiff for restitution of prop ...

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Fidelity bond that covers a business if employees in listed positions commit dishonest acts, such as ...

Per Se

Latin for by itself. A per se matter is one that is alone and not connected to another matter. For e ...

Boot

Tax term referring to cash or property of a type not included in the definition of a nontaxable exch ...

Nonforfeiture Factor

Modified premium used to calculate cash surrender values in excess of that required by the naic: sta ...

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