Meaning of the word: Termination of contract
Termination of contract is a process, when void a contract between the insurer and the policyholder. For example, the contract may disappear spontaneously at the expiry of the insurance period, however, it can also disappear for violation of the conditions of one of cooperated partners.
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FROM DICTIONARY
Annuity
An annuity is a term connecting with financial field. It means stream of fixed payments, it is periodically received over a specified period of time.…
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