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Insurance

Comprehensive coverage

Let's discuss a crucial aspect of auto insurance - comprehensive coverage. This segment of your policy safeguards your vehicle against damages that do not involve a collision with another car. This includes protection against fire, explosions, earthquakes, floods, and even theft. It's important to understand the extent of coverage provided by comprehensive insurance in order to make informed decisions for your vehicle.

Primary Policy

In the world of finance, it's important to understand the concept of "primary insurance." This refers to the insurance policy that takes precedence over any others when it c...

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Ceding company

In the world of finance, we often come across the term "insurer". This refers to a primary insurer, who assumes a portion of risk under the insurance policies they have acce...

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Annual-premium annuity

Let's discuss the concept of a deferred annuity, which involves paying the purchase price in yearly installments. This financial instrument allows for future payments to be ...

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Endowment

An endowment insurance policy offers the benefit of a lump sum payment in the event of the insured's death during the policy term or upon survival until the end of the term....

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