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[V003]

validation period

With respect to life insurance, it is the time it takes for the premium on a policy to cover the commissions paid, the cost of investigation, medical exams, and other reports on the insured, as well as policy issuing expenses.

Copyright: The Rough Notes Company, Inc., 1998, All Rights Reserved. 3040100

Copyright: The Rough Notes Company, Inc., 1998, All Rights Reserved. 3040100

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