The adjustment drawn up by the appointed Average Adjuster
indicating the proportions of the interested parties. It is a complex process and may take several years to prepare.
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A clause in most Life Insurance policies which prevents the creditors of a beneficiary from claiming any of the benefits payable to him before he actually receives the money. The purpose of this clause is to keep those to whom he is in debt from taking legal action to require the insurer to pay the proceeds directly to them.