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Licensing Class Ch1 (vocab (cash value (dividends plus interest earned…
Licensing Class Ch1
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reinsurers
bankers life has 8, is assurance
bankers use fdic
if bank goes out of business and you had million dollar policy you get 250k, lose 750k... fdic guarantees 250k , not 25%
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lloyds of london finds very specified insurance. e.g., if you're a lefty it finds a company that insures that
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