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  • INSURANCE GLOSSARIESInsurance Glossaries

  • Accumulation phase The period when an annuity owner can add money and accumulate assets tax-deferred. Accumulation unit value (AUV) An annuity's subaccount price per share during the accumulation

  • Additional Interest Insured Another person or company who may be liable for an accident involving an insured or an insured vehicle and who has been named as an Additional Interest Insured under the policy. BI/PD

  • Act of God An unpreventable accident or event that is the result of natural causes; for example, floods, earthquakes, or lightning. Actual Cash Value An amount equal to the replacement cost of lost

  • Online Poll

  • Are you more likely to purchase travel insurance with the current threat of terrorism attacks than you were in the past?

  • Thank you for participating in our poll. Here are the results so far:

    Yes
    20%
    47 votes
    No
    74%
    170 votes
    Maybe
    6%
    14 votes
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