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Insurance

Loyalty Additions

An insurer may offer incentives as a bonus to the insured for maintaining the policy throughout the contract's duration. These incentives serve as an additional benefit for the insured and are determined by the insurer's performance.

Aggregate deductible

One important term to understand in the world of finance is the annual aggregate deductible. This type of deductible requires the insured to cover all losses for the entire ...

Completed operations coverage

Liability insurance covers the cost of any bodily injury or property damage caused by a completed project or job. This is a crucial protection for businesses that offer serv...

Retrospective rating

Risk premium adjustment, a technique allowing for the adjustment of the ultimate premium for a risk, with a predetermined upper and lower limit based on the real loss experi...

Per-cause deductible

A per-incident deductible is a fee that is charged for every new illness or accidental injury. This amount is paid by the insured party before their insurance coverage kicks...

Contestable Clause

A key aspect of an insurance policy is the provision outlining the circumstances in which the insurer can challenge or invalidate the policy. This condition, known as a con...

Guaranteed renewable

An insurance policy that cannot be terminated by the insurer before a predetermined age. In this type of policy, the premiums can only be increased for all individuals withi...

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Market Entities

All terms related to various types of organizations or individuals, like investors, banks, insurers,

IPO

All terms and concepts related to the process in which a private company offers its shares to the pu

Stocks

All terms and concepts related to stocks, also known as equities, which represent ownership shares i

Financial Terms

A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used

Bank Deposits

All terms and concepts related to the placement of money in a bank account, including savings accoun

Retirement Planning

All terms and concepts related to the process of saving and investing to ensure financial security a

Technicals

All terms and concepts related to technical analysis in finance, which involves using historical pri

Options and Futures

All terminologies and concepts related to financial derivatives, including options and futures contr

Taxes

All terminology and concepts related to various tax types, tax laws, and taxation principles.

Derivatives

All terms & concepts related to financial contracts whose value is based on an underlying asset,

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