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Select the Word or Phrase That Best Matches the Definition

question 8

Multiple Choice

Select the word or phrase that best matches the definition or example.
-The massive,interconnected web of commerce in premodern times that included East Africa,India,and Southeast Asia;the network was badly disrupted by Portuguese intrusion beginning around 1500.


Definitions:

Endowment Policy

An insurance policy designed to pay a lump sum after a specific term (on its 'maturity') or upon the death of the policyholder, whichever comes first.

Semiannually

Taking place two times a year, usually at six-month intervals.

Premiums

Premiums are the amounts paid for insurance policies, providing coverage against various risks and ensuring financial protection.

Life Policy

an insurance contract that pays a specified sum to beneficiaries upon the death of the insured individual.

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