Quarter Horses owe their breed name from their ability to run a fast quarter mile. However, while Quarter Horses are great sprinters they are not so good at longer distances. They don't have the running stamina to race over a ten furlong course (about 2 km or 1 1/8 m) like their Thoroughbred counterparts.
(1) a policy record for each insurance contract or policy for six calendar years after the date the policy is no longer in force or until after the filing of the report on examination in which the record was subject to review, whichever is longer.
Other Insurance Policies. Other insurance policies such as those for your car or home should be kept at least as long as the policy is in force so you can reference its terms, conditions and exclusions in the event of a claim.nce the claim is paid there is no longer a need for the policy, and if you cancel the policy with no intention of reinstatement you can shred it. Term life insurance policies should be kept until the policy term expires.