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Insurance

Conditions

An insurance contract is considered active when certain conditions are met. Failure to comply with these conditions may result in the refusal to pay for any losses.

He is the insured or the policyholder who seeks protection against financial loss in case of an unfortunate event. A proposer, also known as the policyholder, is an individ...

In the world of finance, it is important to understand the concept of a medical evidence document. This document, completed by a physician or approved examiner, serves as pr...

Incurred but not reported losses (IBNR)

A knowledgeable professor of finance must be well-versed in the concept of "incurred but not reported" (IBNR) losses, which refers to claims that are not reported to the i...

Secondary Beneficiary

A backup recipient designated to receive funds, typically in case the primary recipient passes away before the policyholder....

Premiums written

As a financial expert, it's crucial to understand the concept of net premiums written. This refers to the total premiums an insurer receives for all policies written within ...

State-mandated benefits

In the world of finance, it is crucial to understand the concept of employee benefits, which are mandated by the state to be provided by employers. These benefits, such as h...

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IPO

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

Fixed Income Instruments

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

Mutual Funds

All terms and concepts related to mutual funds, which are investment vehicles that pool funds from m

Stocks

All terms and concepts related to stocks, also known as equities, which represent ownership shares i

Financial Terms

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

Market Entities

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

Technicals

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

Trading Terms

Trading Terms encompass terminology and phrases commonly used in financial markets, including terms

Taxes

All terminology and concepts related to various tax types, tax laws, and taxation principles.

Loans

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

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