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In finance, law, and insurance, rescission is the termination of a contract from the beginning (as if it never existed), rendering it void ab initio. In 2009, one judge ruled that borrowers who refinanced into an adjustable-rate mortgage could force a bank to rescind mortgage loans if it acted similarly inappropriately. [ 9 ]
The policy term is the period that an insurance policy provides coverage. Many policies have a one-year term (365 days) but other terms both longer and shorter are used. Policy terms can be for any length of time and can be for a short period when the period of risk is also short or can be for multi-year periods.
Blue Cross and Blue Shield insurance companies are licensees, independent of the association and traditionally of each other, [16] offering insurance plans within defined regions under one or both of the association's brands. Blue Cross Blue Shield insurers offer some form of health insurance coverage in every U.S. state.
Blue Cross Blue Shield of Massachusetts (BCBSMA) is a state licensed nonprofit private health insurance company under the Blue Cross Blue Shield Association with headquarters in Boston. The Boston location located on 133 Federal Street is currently under study as a pending Boston Landmark by the Boston Landmarks Commission .
A major health insurance provider is backtracking on plans to cap anesthesia coverage for patients in at least one state. Anthem Blue Cross Blue Shield announced last month that starting in 2025 ...
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(These forms of cancellation must be distinguished from perfins, a series of small holes punched in stamps, typically by private companies as an anti-theft device.) High speed cancellation machines were first used in Boston between 1880–1890 and subsequently throughout the country. [6] Today, cancellations may either be applied by hand or ...
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