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The life expectancy figures provided by the Internal Revenue Service to be used in calculating the exclusion ratio for life contingent annuities after June 30, 1986. Separate tables provide the figures for joint and last survivor annuities, annuities that contain a refund or minimum payment guarantee, and for annuities that pay quarterly, semiannually, or annually.
Coverage for claims made after a claims-made policy has terminated; the extended reporting or discovery period. See Nose Coverage.
Where you live may affect your coverage options. Our reference guide will assist you in finding plans available in your state.
From "absolute liability" to "written premiums," we've done the work for you to define commonly used insurance terms.
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