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The definitions contained herein are for general information only and are not designed for use in connection with the interpretation of any insurance policy or annuity policy issued through Insurance Answer Center.
Life Insurance Glossary Terms  4 A B C D E F G H I J K L M N O P Q R S T U V W Y

Replacement Policy


This is any new life insurance policy or annuity issued by an insurance company that is to replace all or part of the policyowner's current life insurance policy. Visit our annuity site to learn more about the different types of annuities that are available.

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