A form of insurance which protects individuals as passengers or pilots, usually on scheduled aircraft, or which covers the flight travel of the employees of a company under a master policy.
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Debit
(1) The amount of premium charged or debited to an agent, to be collected; (2) The book of business represented by such premiums; (3) The territory where most of the insureds are located; (4) The total number of individual or home service insureds assigned to a given agent for collection of weekly or monthly premiums and for servicing, commonly referred to as “people in my debit”.