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The market pay rate is the:
Automobile Insurance
An insurance policy purchased by vehicle owners to mitigate costs associated with getting into an auto accident.
Insurer
A party that accepts the risk of loss in return for a premium (payment of money) and agrees to compensate the insured against a specified loss.
General Life Insurance
A type of life insurance policy that provides financial protection to the beneficiaries in the event of the policyholder's death, without specifying the cause.
Beneficiary
An individual or entity entitled to receive benefits or assets under a legal instrument, such as a will or insurance policy.
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