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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.

Consequential losses

In the world of finance, there are various terms that may seem complex at first but are crucial to understand. One such term is "losses other than property damage." This ref...

Insurance is a crucial aspect of risk management, and it involves transferring financial risks to an insurance company. This party, known as the insurer, provides coverage t...

Life insurance contracts often include a provision known as the suicide clause, which states that the insurer must still pay out the policy's benefits in the event of the in...

Political risk insurance

. Businesses operating in foreign countries face the risk of political upheaval, including war, revolution, or confiscation of property. This risk can have a significant imp...

of investors is known as pro rata Pro rata refers to the practice of distributing total losses among a group of investors. This is done in proportion to each investor's sta...

Guaranteed Insurability (guaranteed issue)

As a professor of finance, I would like to discuss the concept of rider-provided arrangements that allow for the purchase of additional insurance at different points in time...

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Property

The "Property" category in finance encompasses all aspects related to real estate and tangible asset

Financial Terms

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

Currency

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

Fixed Income

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

Retirement Planning

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

Mutual Funds

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

Gold

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

Options and Futures

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

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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