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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.

Lifetime maximum

Insurance plans often have a limit that applies to all benefits. This limit, also known as the maximum, can have the potential to be restored over time. This means that the ...

A private passenger vehicle, such as an auto, pickup truck, van, or trailer, that is not owned or regularly used by the insured or any of their family members is not covered...

The bonus, also known as the policyholder's dividend, is an additional sum that is received during the term of an insurance plan or at its maturity. This is only granted if ...

Business income insurance

Business interruption insurance provides financial protection for a decrease in income resulting from a covered disaster. This type of coverage can help businesses stay aflo...

Express warranty

Contracts often include a warranty, which is a promise that a product or service meets certain standards. This warranty is a legally binding agreement between parties and sp...

An integral aspect of the insurance industry is the process of underwriting, which involves evaluating and selecting applicants that meet the criteria set by the company. Th...

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Bank Deposits

All terms and concepts related to the placement of money in a bank account, including savings accoun

Corporate Actions

Terms related to decisions and events initiated by a company that can impact its stock, such as divi

Fixed Income

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

Currency

All terms related to the system of money in general use in a particular country, representing a medi

Commodity

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

Fixed Income Instruments

All terms related to investments like bonds or treasury bills that provide regular, fixed payments,

Gold

All terms and concepts related to the precious metal gold, including its price, trading, investment,

Market Entities

All terms related to various types of organizations or individuals, like investors, banks, insurers,

Retirement Planning

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

Derivatives

All terms & concepts related to financial contracts whose value is based on an underlying asset,

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