unique impairment

unique impairment definition - business

unique impairment

In life insurance, distinctive factors that set apart an applicant from standard applicants. For example, an applicant may suffer from a health problem, causing the company to decline coverage.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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