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Samples in periodicals archive:
Client's cost basis is the total premium he paid in cash, plus the amounts paid on his behalf via the automatic premium loan mechanism.
The man's father remembered that the agent who sold the policy had told him that after the initial payment, the policy could be put on automatic premium loan.
The first American life insurance company in Hawaii --The first American life insurance company in the Philippines and in China --The first to issue an unemployment compensation disability policy in America --The first to issue a group policy west of the Mississippi --The first to underwrite association business in the United States --The first to provide an automatic premium loan provision in a life insurance policy --And, the first to use the Check-O-Matic concept, the name of which we gave to the rest of the industry (at the request of LIAMA, now known as LIMRA)(1).