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Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person.
Academic achievement or academic performance is the extent to which a student, teacher or institution has attained their short or long-term educational goals. Completion of educational benchmarks such as secondary school diplomas and bachelor's degrees represent academic achievement.
Child life insurance is a form of permanent life insurance that insures the life of a minor. It is usually purchased to protect a family against the sudden and unexpected costs of a child's funeral or burial [ 1 ] and to secure inexpensive and guaranteed insurance for the lifetime of the child. [ 2 ]
Juvenile life insurance is permanent life insurance that insures the life of a child (generally under age 18). It is a financial planning tool that provides a tax advantaged savings vehicle with potential for a lifetime of benefits. [ 1 ]
Homework can take up a large portion of a student's free time and lead to stress, despair, anger, and sleep disorders among children, as well as arguments among families. Homework and its effects, justifications, motivations and alleged benefits have been the subject of sharp criticism among many education experts and researchers.
Section 7702 specifies that insurance companies must only use one or the other test for determining whether a life insurance contract can avoid taxation. Once the insurance company selects either ...
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Term life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions.