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Protects companies against financial loss on the death or disability of a valued employee, or by partnership to provide founds with which to buy out the interest of such partner on his death or disability.

The forcible abduction and carrying away of another person against his will.

Class, grade.

One of the superior courts of common law in England. Derives its mane from fact that king or queen used to sit there in person.

A rule used by adjusters in apportioning losses between non-concurrent policies.

Agreement between certain automobile insurers whereby each agrees to pay their insured’s collision claim and waive any recovery rights against the other insurer.

To understand.

Consciously and intentionally.

Being acquainted with the facts or truth.