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Insurance Glossary

Industry jargon and unfamiliar terminology can be confusing.

No insurance resource would be complete without a helpful menu of terms and concepts. This information-rich list will help you make sense of the solutions you are considering.

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Adjustable Life Insurance

Allows the policy owner to adjust the face value, premium, and coverage period without a change of policy. It may also offer a conversion option (i.e., from Term to Whole life).