The truth is, an insurance business can use their reinsurance coverage to carry on paying statements even should they don’t possess the cash.
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In actual fact, an insurance corporation can use their reinsurance coverage to continue paying out claims even if they don’t have the cash.
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But yet again, it should be expression insurance (don’t want any disguised conserving taking place right here) and it will have to insure the lifetime of the debtor.
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