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      Anyone whose assets equal more than the value of their primary residence should not be compensated beyond that value in

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case they cannot sell their house. This reduction to his risk is reflected in the lower price that you paid to purchase coverage (lower premiums). Another important example in this category is that the standard waiting period before starting to collect Social Security's disability benefits is one year. What other insurance policies will pay claims for this event? For example, if an auto accident renders you unable to work for 5 months, your auto insurance policy with Company A may include coverage for lost income during this period. If the borrower doesn't repay the loan in person, the lender may process the check traditionally or through electronic withdrawal from the borrower's checking account. If the account is short on portable commodes funds to cover the check, the borrower may now face a bounced check fee from their bank in addition to the costs of the loan, and the loan may incur additional fees and/or an increased interest rate as a result of the failure to pay