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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.

Insurance rate

Insurance price is the cost of insurance, typically stated as a price per unit of coverage. This means the amount you pay for insurance is directly related to the amount of ...

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Peril

Insurance policies can be categorized as either named-peril or all-risk. A named-peril policy provides coverage for specific risks, such as fire, windstorm, flood, or theft....

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Life Expectancy Tables

Mortality tables are an important tool in finance that helps us determine life expectancy. These tables provide statistical data about the likelihood of a person reaching a ...

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Boiler and machinery insurance

Equipment Breakdown insurance, also known as Systems Breakdown insurance, is a crucial element of commercial insurance. It offers protection against damage caused by the mal...

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