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.

Assign

When obtaining a loan, it is important to consider using your life insurance policy benefits as collateral. This means that the value of your policy can be used as security ...

More

Workers compensation

Workers' compensation is a type of insurance that covers the cost of medical treatment and rehabilitation for employees who have been injured on the job. It also provides fi...

More

Inflation guard clause

A homeowner's insurance policy typically includes a provision that automatically updates the coverage limit for the dwelling whenever the policy is renewed. This provision t...

More

Revocable beneficiary

A beneficiary designation in life insurance is a crucial aspect that can be altered by the policy owner. This allows the policy owner to designate a specific individual or e...

More