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GLOSSARY

 GLOSSARY TERMS by Alpha
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Face amount
Factory mutual
FAIR plan
Fair rental value
Farmowners-ranchowners policy
FEMA
Fidelity bond
Fiduciary
Final Expenses
First to Die Insurance
Fixed annuity
Fixed benefit
Fixed Premium
Free look
Front-end load
Full Surrender
Funeral expenses

Factory mutual

A mutual insurance company insuring only properties that meet high underwriting standards. The typical risk is fire-resistive construction with a central station alarm.

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