He believes that the nonforfeiture provisions operated to convert the policy to term insurance when he ceased making payments unless he took affirmative steps to reinstate the original policy.
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The original Tax Policy Center study was based on projections for the year 2015.
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Yet the Greek-Cypriots have a clear policy: the original owners must decide.
After the previous round of negotiations in Baghdad last month, which ran beyond the original schedule, EU foreign policy chief Catherine Ashton offered a glimmer of hope for the Moscow talks.
The monetary expansion following an open-market operation involves adjustments by banks and the public. (To find out more, see Formulating Monetary Policy.) The bank in which the original check from the Fed is deposited now has a reserve ratio that may be too high.
The typical clinical trial model may not be best suited for generating evidence that a drug is safe and effective against diseases where patient enrollment can be difficult and diseases progress slowly and unevenly over a long period of time, according to Steven Grossman, who worked on the original Orphan Drug Act in 1983 and is now a policy and regulatory consultant.
The original cause of the Icelandic crisis was a combination of inappropriate monetary policy and an outsized banking system.
Put your hands together, therefore, for a country which has undertaken three original and far-sighted reforms to bring credibility to its monetary policy, stability to its public finances and prudence to its government accounts, and has thus transformed itself from one of the great disasters of modern macroeconomics into an object lesson in the conduct of economic policy.
So this was part of a very deliberative policy process that, quite frankly, just got done more quickly than the original timeline.
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