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Glossary


Dealers driveaway collision is a garage policy endorsement that broadens the collision coverage for autos being driven or transported from point of purchase or distribution to destination.

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Dealers open lot coverage provides auto dealerships options of collision, comprehensive, specified causes of loss, or fire and theft.

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The death benefit is the amount payable by a life insurance policy in the event of the death of the named insured.

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The death benefit limitation refers to a limit every life insurance company has on the amount of life insurance a person can buy.

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The Death on the High Seas Act (DOHSA) is a federal remedy for the death of seamen or other individuals arising from negligence, strict liability, or the unseaworthiness of a vessel and occurring on the high seas that is beyond three nautical miles from shore on a worldwide basis.

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The death rate is the number of deaths occurring per 1,000 people.

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A debit agent is an agent who works on the debit or industrial life insurance system.

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Debit life insurance is a type of industrial life insurance—that is, life insurance purchased primarily by people with low income levels under which the premium is collected weekly, biweekly, or monthly.

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The debit system is the system of collecting life insurance premiums on a weekly or monthly basis involving an actual visit by the agent.

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Debris removal is coverage for the cost of removal of debris of covered property damaged by an insured peril.

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