GLOSSARY OF INSURANCE TERMS
*Terms marked with an asterisk are from LOMA’s Glossary of Insurance and Financial Services Terms. Copyright © 2002 LOMA (Life Office Management Association, Inc.). Used with permission from LOMA. Click
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YEARLY RENEWABLE TERM (YRT) INSURANCE*
One-year term life insurance that is renewable at the end of the policy term. Also known as annually renewable term (ART) insurance. (See
Term life insurance
)
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