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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.

Expediting expenses

When an insurer agrees to cover the cost of expediting the repair of machinery, they are agreeing to cover any reasonable additional expenses. This can include costs for ove...

Inflation guard clause

A homeowner's insurance policy typically includes a provision that automatically updates the coverage limit for the dwelling whenever the policy is renewed. This provision t...

Identity theft insurance

Identity theft coverage is essential in protecting yourself from financial loss due to fraudulent activity. This coverage not only includes expenses for notarizing fraud aff...

Catastrophe factor

Let's talk about the probability of catastrophic loss, a crucial concept in the world of finance. This refers to the likelihood of experiencing a catastrophic event, such as...

Product liability insurance

Product liability refers to the legal responsibility that manufacturers and distributors have towards consumers who suffer bodily injury or property damage due to their prod...

Accidental death benefit

A beneficiary can receive an additional benefit if the insured passes away due to an accident through an endorsement. This is a form of insurance that provides an extra laye...

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Currency

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

Derivatives

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

Trading Terms

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

Commodity

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

Technicals

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

Stocks

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

Market Entities

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

Insurance

All terms and concepts related to insurance, which is a financial arrangement that provides protecti

Retirement Planning

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

Financial Instruments

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

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