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coinsure |
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These actions follow the announcement of a modified coinsurance agreement with Chase Insurance Life and Annuity Company (CILAC) (Elgin, IL), in which AFLIAC will coinsure approximately $3. Sales of level-premium term policies have soared in recent years, and Stroup said level-premium term is still the product that most direct writers seek to coinsure with reinsurers. Now that the settlements are still high, they are offering one-year contracts, less broad coverage, requests for policyholders to coinsure and higher rates to policyholders. |
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