Learn how Valued Policy Law requires insurers to pay full policy value on total loss, its workings, key states enforcing it, and the controversies it spurs.
Learn how the Cash Value Accumulation Test (CVAT) determines if a financial product is taxed as insurance or an investment with potential tax benefits.
The currency value of the SDR is determined by summing the values in U.S. dollars, based on market exchange rates, of a basket of major currencies (the U.S. dollar, Euro, Japanese yen, pound sterling ...
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