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Insurance

Compulsory auto insurance

In the world of finance, there exists a minimum threshold for auto liability insurance that is mandated by law. This coverage protects individuals from financial losses in case of an accident. It is crucial to understand this requirement and ensure that it is met to safeguard our financial well-being. So, let us delve into the details of this essential aspect of finance.

Contractors' Equipment floater

Mobile equipment, such as tractors, steam shovels, and drilling equipment, is vital in the construction and mining industries. However, their high value and constant use also...

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Hospital insurance

Understanding health insurance is crucial for managing financial risks in case of medical emergencies. An insurance contract covers hospital room and board, laboratory fees,...

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Non-admitted insurer

In certain states or countries, you may come across insurers who hold licenses in some regions but not in others. These insurers are known as non-admitted in the countries w...

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Re-entry Option

In a renewable term life policy, there is an option that allows the policy owner to renew their coverage at the end of the term without having to provide evidence of insurab...

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