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Term life insurance or term assurance is the original form of life insurance and is considered to be pure insurance protection because it builds no cash value.

A-SHARE VARIABLE ANNUITY: A form of variable annuity contract where the contract holder pays sales charges up front rather than eventually having to pay a surrender charge.

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We've compiled this glossary to help you get a better understanding of insurance terms. ... Glossary of Insurance Terms . No insurance resource would be complete without a ...