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Insurance

Optionally renewable

A policy that can be terminated by the insurer on the yearly anniversary date without any limitations. The insurer is free to cancel the policy at any time, as long as it falls on the anniversary date.

In the realm of finance, there exists a special coverage that pertains to cargo transported on overseas ships. This coverage protects against the risk of confiscation by a g...

In the world of finance, there exists a term known as tort, which refers to a wrongful act that causes harm or damage and can give rise to a civil court action. This could i...

The primary purpose of insurance is to indemnify the insured against any financial loss caused by an unexpected event. In simpler terms, insurance aims to restore the insure...

Substandard Risk

An individual with physical conditions, a family or personal history of disease, or engaging in risky habits may be deemed an under-average or impaired insurance risk. This ...

In the realm of finance, there exists a term known as "catastrophe". This term is commonly used for statistical purposes to denote a single event or a string of closely linke...

Increasing term

In finance, there exists a type of life insurance called "term life insurance" that may be of interest to you. This particular policy has a unique feature where the face amo...

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Derivatives

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

Credit Cards

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

Bank Deposits

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

Loans

All terms and concepts related to borrowing money, including different types of loans, interest rate

Retirement Planning

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

Fixed Income

Investments that provide regular, fixed payments, such as bonds and treasury bills.

Insurance

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

Gold

All terms and concepts related to the precious metal gold, including its price, trading, investment,

Currency

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

Commodity

All terms related to the basic goods used in commerce that are interchangeable with other goods of t

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