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Insurance

Notice of loss

An essential document mandated by insurance companies following an accident or any other form of loss. This is a typical clause that outlines the policyholder's obligations in the event of a loss.

In the realm of finance, it is important to understand the concept of probate. This legal process involves the handling of one's will and the assets that are left to others....

Activities of daily living

Long-term care insurance policies often include specific activities that must be impeded in order for the policyholder to receive payment. These activities, including eating...

In the world of finance, we often come across the term "insurer". This refers to a primary insurer, who assumes a portion of risk under the insurance policies they have acce...

Accident & Accidental Death Benefit

This includes accidents caused by external, violent, and visible means. As we delve into the world of life insurance, it is important to understand the concept of accident ...

Extra expense insurance

In financial terms, consequential property insurance refers to a type of coverage that protects businesses from the financial consequences of an interruption. This means tha...

In the world of finance, there exists a term known as "additional sum". This term refers to an amount of money that is equivalent to the sum assured and is paid out when a c...

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Financial Terms

A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used

Taxes

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

Market Entities

All terms related to various types of organizations or individuals, like investors, banks, insurers,

Bank Deposits

All terms and concepts related to the placement of money in a bank account, including savings accoun

Public Offerings

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

Credit Cards

All terms and concepts related to the use, features, and management of payment cards allowing users

Corporate Actions

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

IPO

All terms and concepts related to the process in which a private company offers its shares to the pu

Insurance

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

Currency

All terms related to the system of money in general use in a particular country, representing a medi

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