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Sagot :
Wyatt is shopping for life insurance and is mainly concerned with the policy's death benefit. The index he should be looking at when making comparisons is net payment cost index.
Insurance is a means of protection against financial loss in which, in exchange for indemnification, one party undertakes to guarantee indemnification to another in the event of loss, damage or injury. It is a form of risk management, mainly used to hedge against possible risk or uncertain loss.
A legal entity that provides insurance is called an insurance company, insurance company, insurance company or underwriter. A person or organization that buys insurance is called the policyholder, while a person or organization covered in the policy is called the insured.
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