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Insurance

Family Policy

A family life insurance policy is a comprehensive contract that offers coverage for multiple members of a household. Typically, the main breadwinner holds a whole life insurance policy, while the spouse and children are covered under smaller term insurance plans. New additions to the family can also be included in the policy after its issuance.

Aviation insurance

Commercial airlines carry property insurance for their planes and liability insurance for any negligent actions that may cause harm or damage to passengers or third parties....

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Degree of risk

The relative variation of actual from expected losses is a measure used in finance to assess the accuracy of loss predictions. This metric takes into account the difference ...

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Tort

In the world of finance, there exists a term known as tort, which refers to a wrongful act that causes harm or damage and can give rise to a civil court action. This could i...

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Mediation

Mediation is a nonbinding process that involves a neutral third party who works towards resolving a dispute between two conflicting parties. This method is commonly used in ...

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