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

#

Open-perils agreement

In the world of insurance, the term "all risks" refers to the insurer's promise to provide coverage for unintentional losses to a particular property, with the exception of any risks that are explicitly excluded. This type of coverage is also known as "open perils." Essentially, it means the insurer will protect you from any unexpected events that may cause damage to your property. It's important to carefully review the list of exclusions to fully understand the extent of coverage offered.

Age Limits

Insurance companies have age limits for accepting applications and renewing policies. These limits are the maximum and minimum ages that they will consider. If a person fall...

More

Securitization of insurance risk

The capital markets can be a valuable tool for insurance companies looking to expand and diversify their risk exposure. This can be achieved through the issuance of bonds or...

More

Elimination period

The waiting period, also known as the elimination period, is a crucial concept in health insurance policies that provide coverage for disability income loss. It refers to th...

More

Medical payments insurance

Insurance is a contractual agreement between an insurer and the insured, in which the insurer provides financial protection against potential losses. One type of coverage is...

More