Examlex
What do the letters "DNR" on a patient's medical chart mean?
Insurable Interest
A party who has an interest in property or life.
Beneficiary Payment
A payment made to someone entitled to receive benefits from a legal arrangement or insurance policy.
Whole-life Insurance
A type of permanent life insurance policy that covers the insured's entire lifetime and includes an investment component known as the policy's cash value.
Term-life Insurance
A type of life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term.
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