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Insurance

Decreasing term

Let's delve into the world of insurance and focus on an interesting term - "decreasing term life insurance". This type of insurance offers a coverage that gradually decreases over the period of time for which it is valid. This means that as time goes by, the coverage amount decreases accordingly. But why would someone opt for this type of insurance? Let's find out!

Last Birth Day (l.b.d)

Age at last birthday refers to the age of an individual at their most recent birthday. This term is commonly used in finance to calculate an individual's age for various pur...

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Extended coverage

This can include coverage for specific events, such as natural disasters or acts of terrorism. In the realm of insurance, there exists a valuable addition to a policy known...

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Voluntary coverage

As consumers, we have the power to make purchasing decisions that align with our individual needs and preferences. This same principle applies to insurance - a financial tool...

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Endowment Plan

In the world of finance, there exists a concept known as a life insurance policy. This is a carefully crafted agreement between a policyholder and an insurance company, wher...

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