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Insurance

Multiple peril policy

A package policy, commonly known as a homeowners or business insurance policy, offers protection against various perils. This type of policy combines both property and liability coverage into one comprehensive plan. In simpler terms, it offers a one-stop solution for insurance needs, making it a convenient and cost-effective option for individuals and businesses alike. As we delve deeper into the world of finance, understanding the concept of package policies will prove to be a valuable asset.

Extended Term Insurance

Term insurance is a type of policy that offers an option to continue the insurance for a specific amount even after the policy has ended. This option is known as term insura...

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Ordinary life insurance

Life insurance is a crucial financial tool that provides protection to loved ones after the policyholder's passing. A permanent life insurance policy offers lifelong coverag...

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Reasonable expectations

The principle of reasonable expectation, an extension of the adhesion doctrine, holds that insurance coverage should be interpreted based on what the insured would reasonabl...

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Occupational Hazard

Occupational hazard refers to a risk factor associated with a particular job that increases the chances of accidents, sickness, or even death. This can result in higher insu...

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