Insurance Wording Defined - W
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- WATER-DAMAGE INSURANCE COVERAGE
Protection provided in most homeowners insurance policies against sudden and accidental water damage, i.e. pipes burst. It does not apply to wear and tear. This does not cover flood insurance. - WHOLE LIFE INSURANCE
This life insurance policy has fixed premiums and is guaranteed for the life of the insurer as long as premiums are paid. This type of policy has a savings account while protecting against premature death.