Medi Assist Healthcare IPO

Home Insurance

Finance Wiki

Trending Categories

All Financial Terms Financial Instruments Market Entities Corporate Actions Public Offerings Fixed Income Instruments Currency Commodity Mutual Funds Derivatives Trading Terms Taxes

More

Derivatives Trading Terms Taxes Property Fixed Income Credit Cards Options and Futures Stocks Insurance IPO Technicals Retirement Planning Loans Gold Bank Deposits

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

Z

#

Insurance

Insurance proceeds

A significant amount of money that is given to either the policyholder or their chosen recipient upon the policyholder's death within the specified term of the plan or when the plan reaches its maturity date. This lump sum is an essential aspect of life insurance and can provide financial security for loved ones in the event of the policyholder's passing. It is crucial to understand this concept when considering life insurance options.

Attained Age

Your current age plays a significant role in the world of finance, particularly when it comes to life insurance. This is known as your attained age and it is a key factor in...

More

Actual cash value

Property insurance is a type of insurance that covers the cost of replacing damaged property, taking into account the property's depreciation. This means that the insurance ...

More

Optionally renewable

A policy that can be terminated by the insurer on the yearly anniversary date without any limitations. The insurer is free to cancel the policy at any time, as long as it fa...

More

Binder

When an insurance company provides temporary coverage before the actual policy is issued, it is known as a temporary authorization of coverage. This temporary coverage is pu...

More