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GLOSSARY

 GLOSSARY TERMS by Alpha
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Gap coverage
Garage policy
Garagekeepers liability
GIC
Glass insurance
Glass-Steagall Act
Grace period
Graded premium policy
Gross earnings coverage
Group Certificate
Group insurance
Guarantee funds
Guaranteed insurability (Guaranteed Issue)
Guaranteed renewable
Guaranteed term
Guiding principles

Guaranteed term

A renewable form of life insurance which guarantees continual coverage as long as the premiums are paid on time. The insurance provider cannot cancel the policy during the term as long as the payments are made.

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