Medi Assist Healthcare IPO

Home Insurance

Finance Wiki

Trending Categories

All Financial Terms Financial Instruments Market Entities Corporate Actions Public Offerings Fixed Income Instruments Currency Commodity Mutual Funds Derivatives Trading Terms Taxes

More

Derivatives Trading Terms Taxes Property Fixed Income Credit Cards Options and Futures Stocks Insurance IPO Technicals Retirement Planning Loans Gold Bank Deposits

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

Z

#

Insurance

Business interruption insurance

As a business owner, you may have heard of the term "business interruption insurance". This type of coverage provides reimbursement for lost profits and fixed expenses during the time your business is closed for restoration due to physical damage from a covered peril, such as a fire. Additionally, this insurance may also cover financial losses if civil authorities restrict access to your business premises after a disaster, preventing customers from reaching you. Keep in mind, the coverage may have a waiting period and can last for several weeks or longer, depending on your policy.

Age Limits

Insurance companies have age limits for accepting applications and renewing policies. These limits are the maximum and minimum ages that they will consider. If a person fall...

More

Catastrophe reinsurance

Reinsurance, also known as insurance for insurers, plays a crucial role in the insurance industry. It enables companies to manage the financial impact of catastrophic losses...

More

Earned premium

As a wise professor of finance, let me introduce you to the concept of "unearned premium". This refers to the portion of an insurance premium that applies to the expired par...

More

Social sector

In the world of finance, there exists a spectrum of groups that are often overlooked or misunderstood. These include the unorganised sector, informal sector, economically vul...

More