Definition: Insurance 70 years old is a term used to describe an insurance policy or product that has been in existence for more than a decade, with claims made for over $70,000 worth. The specific meaning of this term depends on the context and the details provided. If you can provide some additional information, such as the name of the insurance company, the coverage it provides, and any other relevant factors, I can provide more detailed definitions or examples. For example, if an individual purchased a policy that is 70 years old with coverage for claims over $70,000 in a year, they may consider this a "classic" term. This implies that the insurance company has been around longer and is likely to be more well-known and respected than newer or newer-to-the-market products.
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