Short Rate Cancellation

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ledesmse

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Mexico Spanish
Me pueden ayudar a tracucir esto al ingles? El término en negrita.

Short Rate Cancellation
Thes is a term used when an insrance cortract is canceled and a portion of the return premium is retaineed by the insurance company (normally 105). When the Insured elects to cancel the cortract mid-term, as opposed to the inurance company canceling it, it is normally on a short rate basis.
 
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