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Unemployment Insurance in the U.S.

Under What Conditions Can the Worker Collect?Who Pays for the Insurance?Federal Programs Unemployment insurance is managed jointly by the states and the federal government. Most states began…

Types of Life Insurance

TERM LIFE INSURANCE: provides coverage for a specific period of time. Policies can often be renewed at the end of the term, which can last from one to 30 years. Advantages:Lower premiums,…

Wright, Elizur

(Encyclopedia) Wright, ElizurWright, Elizurĭlīˈzər [key], 1804–85, American actuary and antislavery leader, b. near Canaan, Conn., grad. Yale, 1826. He taught (1829–33) mathematics at Western Reserve…

social security

(Encyclopedia) social security, government program designed to provide for the basic economic security and welfare of individuals and their dependents. The programs classified under the term social…

Lloyd's

(Encyclopedia) Lloyd's, London insurance underwriting corporation of many separate syndicates; often called Lloyd's of London. Founded in the late 17th cent. by a group of merchants, shipowners, and…

workers' compensation

(Encyclopedia) workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. The…