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Age Change
Barron's Insurance Dictionary:
Age Change
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Date, in insurance, on which a person becomes one year older. Depending on the insurance company, premiums in life and health insurance manuals are figured to the age-nearest-birthday or age-last-birthday.
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Cite
Barron's Insurance Dictionary
Dictionary of Insurance Terms
. Copyright © 2008 by
Barron's Educational Series, Inc
. All rights reserved.
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