Baffled by insurance terms? Check this glossary when you need an insurance definition.
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| 20 must-know general insurance terms |
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1. Actuary -- A person who calculates statistically risks, premiums, life expectancies and other factors for insurance firms.
2. Adjuster -- A person who evaluates an insurance claim and determines the amount to be paid.
3. Agent (insurance) -- A person authorized to sell and service insurance policies.
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