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Insurance

Non-owned auto

A private passenger vehicle, such as an auto, pickup truck, van, or trailer, that is not owned or regularly used by the insured or any of their family members is not covered under this policy. This also applies to any vehicle that is in the custody or being operated by the insured or their family members.

Credit life insurance

A vital element in any financial plan is life insurance, specifically coverage for borrowers. This safeguards against the unfortunate scenario of a borrower's death before t...

In the realm of insurance, the term "paid-up value" refers to the decreased sum assured that an insurer will provide if the policyholder stops making premium payments after ...

Product liability

Product liability is a crucial aspect of tort law that addresses the legal responsibility of manufacturers and sellers for any damages caused by their products. This include...

Contractual liability

As an expert in finance, it is crucial to understand the concept of liability in contractual agreements. These agreements outline the responsibility of specific parties to b...

Reasonable and customary

Insurance policies often come with complex terms and conditions that can be confusing for policyholders. One important term to understand is Usual, Customary, and Reasonable...

Voluntary coverage

As consumers, we have the power to make purchasing decisions that align with our individual needs and preferences. This same principle applies to insurance - a financial tool...

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Fixed Income Instruments

All terms related to investments like bonds or treasury bills that provide regular, fixed payments,

Corporate Actions

Terms related to decisions and events initiated by a company that can impact its stock, such as divi

Taxes

All terminology and concepts related to various tax types, tax laws, and taxation principles.

Stocks

All terms and concepts related to stocks, also known as equities, which represent ownership shares i

Property

The "Property" category in finance encompasses all aspects related to real estate and tangible asset

Insurance

All terms and concepts related to insurance, which is a financial arrangement that provides protecti

Retirement Planning

All terms and concepts related to the process of saving and investing to ensure financial security a

Public Offerings

All terms related to a company selling its shares or bonds to the public for the first time (IPOs) o

Derivatives

All terms & concepts related to financial contracts whose value is based on an underlying asset,

Mutual Funds

All terms and concepts related to mutual funds, which are investment vehicles that pool funds from m

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