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Glossary of Life Insurance Terms

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Definitions written so you can actually understand them. Browse alphabetically, or search for a word or term by typing it into the search field located in the top navigation by the GO button (above right).

Qualified Annuity
An annuity type which is funded with money that is deductible, up to a stated maximum, from the depositor's gross income in the year in which the funds are deposited.

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Life insurance...because
life is unpredictable.

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