Examlex
A line of credit is the maximum dollar amount of credit the lender has made available to you.
Term-Life Insurance
Life insurance that provides coverage for a specified term.
Specified Term
A fixed-duration period explicitly stated in a contract or agreement, after which the contract may expire if not renewed.
Incontestability Clause
A provision in a life insurance policy that prevents the insurer from disputing the policy's validity after it has been in force for a certain period, typically two years, except under circumstances such as fraud.
State Laws
Laws that are enacted and enforced by individual U.S. states, as opposed to federal law.
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