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Negative act

Negligence refers to the failure of an individual to fulfill their obligations, resulting in harm or loss to another party. It can involve the failure to perform a required action or the omission of an expected duty. This can be seen as a breach of duty, which can have legal consequences. In the world of finance, negligence can have serious implications and it is important to always fulfill one's duties and responsibilities.

Temporary disabilities

Temporary disabilities are conditions that hinder an individual's ability to work for a short period of time due to illness or injury. These may include physical impairments...

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Solvency

In the world of finance, it is crucial to understand the concept of insurance companies' ability to fulfill their obligations towards policyholders. This is where regulations...

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Economic loss

In the world of finance, we often come across the term "financial loss." This refers to the overall loss incurred due to the death or disability of a wage earner, or the des...

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Term Cover

Life insurance can be a complex topic, but one type you should know about is term life insurance. This is a policy that pays out a set amount of money in the event of the po...

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