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  Insurance Terms

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Tenants Insurance
Coverage for the contents of renterís home or apartment and for liability. Tenant policies are similar to homeowners insurance, except that they do not cover the structure.

Term Life
Life insurance that generally offers no cash value feature payable to a beneficiary when an insured dies within a specified period.

Third-Party Administrator
They administer employee benefit plans under contract with insurance companies, HMOs and self-funded plans.



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