Examlex
µD is the mean of a population
Insured
A person, organization, or entity covered under an insurance policy, protecting them against specific risks or losses.
Quarterly Premiums
Insurance payments made every three months to maintain coverage, often used in health, life, and property insurance policies.
Endowment Policy
A life insurance contract designed to pay a lump sum after a specified term (on its 'maturity') or upon death, often used as savings or investment vehicle.
Maximum Loan
The highest amount of money that can be borrowed by an individual or organization from a lender under specific terms.
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