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Home > Life Insurance > Life Insurance Contracts and Implications Life Insurance Contracts and Implications by Sarah Martin Every life insurance policy, although there is no nationwide uniformity in wording, will contain certain provisions which, in one form or another, are found in all life insurance policies. These may be called the "contents" of the policy. There are two important types of options available to purchasers of most insurance policies: dividend options and settlement options. These may be called "policy options." Finally, there are certain clauses which may or may not be affixed to the life insurance contract. > Read
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