Term Of The Policy

Definition of "Term of the policy"

Length of time insurance policy is in force.

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Rate/Point Options

All the combinations of interest rate and points that are offered on a particular loan program. On ...

Name Position Bond

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

Premium, Annuity

cost of annuity based on expectation of life of the annuitant and the expense and profit loadings o ...

Blind Pool

Limited partnership in which limited partners rely on the general partner to choose specific propert ...

Real Estate Market

the general business conditions existing between the supply of real properties and those people wis ...

Ownership Form

Methods of owning real estate. Ownership form has important consequences for income tax, estate tax, ...

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What Is An Appreciation?

Changes in the market conditions, or improvements to the property that increase the value of the pro ...

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Jumbo mortgages are mortgages larger than the limits set by Fannie Mae and Freddie Mac. A jumbo mort ...

How Can I Protect My Home Office?

Commercial insurance is designed to help protect many of the risks your business can face, includin ...

What Is Earnest Money?

Earnest money is a deposit you make when you make an offer on a house. ...

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A point is equal to 1 percent of a loan amount. Lenders charge points in exchange for lowering the i ...

When Should I Get Travel Insurance?

You should definitely consider getting travel insurance when doing or bringing any of the following ...

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FAQ

What is a debt-to-income ratio? What is a loan-to-value (LTD) ratio? What is a FHA mortgage? What is an inspection? What is a basic policy?