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Insurance

Mortgage-backed securities

In the world of finance, there exists a category of securities known as investment grade securities. These securities are backed by a pool of mortgages, which means that the issuer uses the cash flow generated from these mortgages to meet the interest payments on the bonds. This type of security offers a level of security and stability for investors, making it a popular choice in the market.

Medical

In the world of finance, it is important to understand the concept of a medical evidence document. This document, completed by a physician or approved examiner, serves as pr...

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Pro-rata treaties

Reinsurance agreements refer to contracts where the sharing of premiums and losses is based on a predetermined ratio. This is a common practice in the insurance industry, al...

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Accumulation Period

The period of time between the initiation of a policy and the point at which benefits are disbursed is known as the waiting period. This duration is determined by the indivi...

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Static risks

Financial uncertainties can be categorized as either pure or speculative. Pure uncertainties arise from a society that remains unchanged and in a state of stable equilibrium...

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