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In 2007, another GE Capital insurance company, First Colony Life Insurance Company, merged with the company's life insurance division and became the surviving entity. [15] In May 2007, the company sold its employee benefits business to Sun Life Financial. [16]
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person (often the policyholder). Depending on the contract, other events such as terminal ...
The six classical simple machines. A simple machine is a mechanical device that changes the direction or magnitude of a force. [1] In general, they can be defined as the simplest mechanisms that use mechanical advantage (also called leverage) to multiply force. [2] Usually the term refers to the six classical simple machines that were defined ...
Insurance policy type. Meaning. Universal life. A universal life insurance policy is a flexible type of permanent life policy — you can adjust your death benefit.
One of the benefits of universal life insurance is the potential for cash value growth. Consider this: if you deposit $1,000 into the account portion of a universal life policy offering a 5% ...
Mechanization made some factories an assemblage of unskilled laborers performing simple and repetitive tasks under the direction of skilled foremen and engineers. Machine shops grew rapidly, and they comprised highly skilled workers and engineers. Both the number of unskilled and skilled workers increased, as their wage rates grew. [18]
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Glossary. v. t. e. Artificial general intelligence ( AGI) is a type of artificial intelligence (AI) that matches or surpasses human capabilities across a wide range of cognitive tasks. [ 1] This is in contrast to narrow AI, which is designed for specific tasks. [ 2] AGI is considered one of various definitions of strong AI .
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