The debit agent’s record book showing the amount collected on each policy, the week of the collection, and the policy period for which the premium has been paid.
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Multiple Protection Insurance
A combination of Term and Whole Life Insurance that pays some multiple of the face during the period of the Term policy, becoming a regular Whole Life policy after the Term policy expires. The multiple protection period is thus the period during which both the Term and the Whole Life coverages are in effect.