Examlex
If our capacity to form concepts depends on our verbal memory, this would best illustrate
Endowment Policy
A life insurance contract designed to pay a lump sum after a specific term or on death.
Life Policy
An agreement that awards a specified sum to a named beneficiary when the person covered by the policy dies.
Maximum Available
The highest amount or quantity that can be used, offered, or allocated from a particular resource or within a specific framework.
Straight-life Policy
A type of life insurance policy that provides coverage for the insured's entire lifetime, with fixed annual premiums and a guaranteed death benefit.
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