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

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.

Permanent disability

A debilitating condition that renders an individual incapable of continuing their employment for the remainder of their life. This can be caused by a variety of factors, suc...

More

Floater

A floater, an add-on to a homeowners policy, offers coverage for movable assets, protecting against losses in any location. This type of insurance commonly covers high-value...

More

Frequency reduction

Risk management is a crucial aspect of finance, aimed at reducing the likelihood of unforeseen events. This is achieved through a process known as loss control, which involv...

More

Surrender or Cash Value

When a policy is terminated prematurely, the amount that the policyholder is entitled to receive is known as the surrender value. This value is paid out if the policyholder...

More