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What is Insurance Terms Glossary Explained about?

This document defines various insurance-related terms, including: - Actual Cash Value: The fair market value of property taking into account factors that could increase or decrease its value. - Additional Living Expense Insurance: Coverage that pays for additional costs of living elsewhere, such as in a hotel, until an insured dwelling damaged by a covered peril can be repaired or rebuilt. - Agent: A person employed to act on behalf of an insurance company to sell policies to the public in exchange for com

Author

argha_rc72

Language

EN