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Boiler and Machinery Insurance (BM) provides coverage for physical damage to and financial loss from equipment breakdown.| Investopedia
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A Federal Housing Administration (FHA) loan is a government-insured mortgage issued by an FHA-approved lender to help borrowers who don't meet conventional standards.| Investopedia
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Premium is the total cost of an option or the difference between the higher price paid for a fixed-income security and the security's face amount at issue.| Investopedia
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Medical expenses are any costs incurred in the prevention or treatment of injury or disease. These expenses can be deducted from taxes.| Investopedia
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Insurance is a contract in which an insurer indemnifies another against losses from specific contingencies and/or perils.| Investopedia
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A death benefit is a payout to the beneficiary of a life insurance policy, annuity, or pension when the insured or annuitant dies. Learn about taxation and claiming.| Investopedia
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The Affordable Care Act is the federal statute that was signed into law in 2010 as part of the healthcare reform agenda of the Obama administration.| Investopedia
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Life insurance is a contract in which an insurer, in exchange for a premium, guarantees payment to an insured’s beneficiaries when the insured dies.| Investopedia