Find Insurance terms beginning with the letter B…

Beneficiary:
In insurance, the beneficiary is the person or people entitled to receive the claim amount and other benefits of the insurance policy at the time of death of the policyholder or at the end of the policy term.
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Broker:
In insurance, a broker is an individual who represents a customer. A broker is authorised to sell an insurance policy from any insurance company. Further they recieve brokerage from the insurance company whose policy they sold.
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