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[I050]
industrial health insurance Health insurance usually written in small amounts, the premium
for which is payable in frequent installments (usually weekly
or monthly) and collected by an agent known as a debit agent.
The payment frequency and collection facilities were designed
decades ago to accommodate workers at industrial factories, who
were paid weekly. Because of the expense and time involved, this
coverage is rarely used.
(See industrial insurance, and industrial life insurance.)
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