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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!

Catastrophe bonds

In finance, there exists a type of security known as risk-based securities. These securities offer high interest rates and serve as a form of reinsurance for insurance compan...

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Civil law

In the realm of finance, there exists a concept known as civil wrongs, which pertains to legal actions taken against individuals or organizations for harm caused. One such e...

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Contractors' Equipment floater

Mobile equipment, such as tractors, steam shovels, and drilling equipment, is vital in the construction and mining industries. However, their high value and constant use also...

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Ceding company

In the world of finance, we often come across the term "insurer". This refers to a primary insurer, who assumes a portion of risk under the insurance policies they have acce...

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