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Insurance

Conditionally renewable

An insurance policy with the flexibility to be terminated or have its premiums increased by the insurer on a designated date, contingent upon predetermined reasons outlined in the policy.

Accident and health insurance

In the world of finance, it is important to understand the various coverage options available to protect against unexpected events. One such coverage is for accidental injur...

In the world of finance, it is crucial to understand the concept of insurance companies' ability to fulfill their obligations towards policyholders. This is where regulations...

Grace period clause

In the realm of life insurance, there exists a provision known as the grace period, which grants the policyholder an additional 30 days to make a premium payment before the p...

Human life value

Imagine a scenario where a person receives a sum of money, but they want to make sure it lasts them for the rest of their working life. How can they do this? By breaking dow...

Deferment period

The duration between the initiation of a policy and the date of its maturity is known as the accumulation period. During this time, the policyholder makes regular contributi...

In the realm of finance, we often come across the term 'principal.' Now, the principal is not just the head of a school, but it also refers to the obligor or the individual ...

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Retirement Planning

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

Options and Futures

All terminologies and concepts related to financial derivatives, including options and futures contr

Loans

All terms and concepts related to borrowing money, including different types of loans, interest rate

Fixed Income

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

IPO

All terms and concepts related to the process in which a private company offers its shares to the pu

Financial Terms

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

Financial Instruments

Legal contracts that represent financial value, such as stocks, bonds, options, futures, and various

Technicals

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

Credit Cards

All terms and concepts related to the use, features, and management of payment cards allowing users

Commodity

All terms related to the basic goods used in commerce that are interchangeable with other goods of t

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