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Insurance

Contract of adhesion

In finance, there exists a type of contract known as an insurance contract. This specific agreement holds a crucial factor that we must pay attention to - the wording. Any vague or unclear language within this contract will be interpreted in a way that is not in favor of the drafter, in this case, the insurer. It is important to understand this concept in order to fully grasp the implications of insurance contracts.

Hacker insurance

In the world of finance, there exists a valuable resource for businesses involved in electronic commerce: cyber insurance. This coverage serves as a safeguard against potent...

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Accumulation Period

The period of time between the initiation of a policy and the point at which benefits are disbursed is known as the waiting period. This duration is determined by the indivi...

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Cost-of-living rider

An endorsement is a change or addition to an insurance policy that modifies the coverage or terms of the original policy. One type of endorsement that may be relevant in the...

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Medical

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...

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