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Insurance

Annuity units

An essential metric utilized in the assessment of a variable annuity while it is being distributed to the recipient. The value of each unit is subject to change in accordance with the performance of an investment portfolio. This factor plays a crucial role in determining the eventual payout to the annuitant.

Common disaster clause

Life insurance policies often include a clause known as the "common disaster provision". This provision specifies what will happen to the life insurance proceeds if the name...

Large-loss principle

When it comes to purchasing insurance, it is important to prioritize your coverage for serious loss exposures over less serious ones. This rule ensures that you are adequate...

Investment income

Investment income is a crucial aspect of insurance companies' financial success, as it refers to the earnings they receive from investing their assets. In fact, insurers rely...

An insurance policy may include a provision that excludes coverage for specific risks, individuals, types of property, or geographical areas. This means that if a claim is m...

Weather insurance

Weather-related disruptions can have a significant impact on businesses, particularly those that rely on outdoor events. To mitigate these risks, businesses can opt for a ty...

Income tax Liability

Income tax is a direct tax that individuals are required to pay based on their income for a given fiscal year. This tax is governed by the Income Tax Act of 1962 and is an i...

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Gold

All terms and concepts related to the precious metal gold, including its price, trading, investment,

Technicals

All terms and concepts related to technical analysis in finance, which involves using historical pri

Bank Deposits

All terms and concepts related to the placement of money in a bank account, including savings accoun

Fixed Income Instruments

All terms related to investments like bonds or treasury bills that provide regular, fixed payments,

Insurance

All terms and concepts related to insurance, which is a financial arrangement that provides protecti

Retirement Planning

All terms and concepts related to the process of saving and investing to ensure financial security a

Taxes

All terminology and concepts related to various tax types, tax laws, and taxation principles.

Financial Terms

A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used

Fixed Income

Investments that provide regular, fixed payments, such as bonds and treasury bills.

Mutual Funds

All terms and concepts related to mutual funds, which are investment vehicles that pool funds from m

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