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Criminal law

In the field of finance, it is crucial to understand the concept of criminal law. This branch of law deals with actions that are considered harmful to society, such as rape, murder, and robbery. These transgressions are prosecuted by government authorities, and the offender may face penalties such as fines or imprisonment. It is essential to have a grasp of criminal law and its implications in the world of finance.

Insurance rate

Insurance price is the cost of insurance, typically stated as a price per unit of coverage. This means the amount you pay for insurance is directly related to the amount of ...

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Exclusive agent

A captive agent is an individual who exclusively represents a single insurance company and is bound by a contract not to submit business to any other company unless it has be...

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Structured settlement

A crucial aspect of finance is the legal agreement known as structured settlement. This agreement entails periodic payments to a designated individual, often one who has sus...

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Pure risk

In the world of finance, we often come across the term 'uncertainty' which refers to the unknown possibility of experiencing a loss. This concept can be quite complex to und...

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