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Life insurance might seem like an unnecessary expense, but having it can grant you peace of mind, especially if you have people depending on you financially. And while you might assume it costs a ...
There are two primary types of life insurance policies: term life insurance and permanent life insurance. Term life insurance : This is a straightforward option that provides coverage for a set ...
New insurance agents can get a grounding in the basic skills, such as underwriting, needed to succeed in the field by becoming a Life Underwriter Training Council Fellow (LUTCF). After completing ...
Downtown Durham view showing the North Carolina Mutual Life Insurance Company Headquarters. In 1965 the N.C. Mutual Life Insurance building became the tallest office building owned by African Americans in the United States. In 2006 the N.C. Mutual Life Insurance Co. building sold to a developer for only $11.4 million.
In insurance practice, an insurable interest exists when an insured person derives a financial or other kind of benefit from the continuous existence, without repairment or damage, of the insured object (or in the case of a person, their continued survival). An "interested person" has an insurable interest in something when loss of or damage to ...
Together with Dr. Aaron Moore and Charles C. Spaulding, Merrick helped increase the wealth of the “oldest and largest African American life insurance company in the United States”. [3] North Carolina Mutual was hugely successful—the company sold $4,986,344.40 of insurance and conducted business in many southern states across America. [9]
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