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Insurance

Profits insurance

Business interruption insurance, also known as loss of profits insurance, provides coverage for the loss of potential profits when goods have been manufactured but are destroyed before they can be sold. This type of insurance protects businesses from financial loss due to events such as fire, natural disasters, or other unexpected occurrences. It is an essential tool for businesses to ensure continuity and financial stability in the face of unforeseen circumstances.

Risk retention

Risk management involves making strategic decisions on how to handle risk. One approach is to bear the consequences of risk, rather than trying to avoid or transfer it. This...

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Dynamic risks

One of the fundamental concepts in finance is the idea of risk. It refers to the uncertainties that arise due to changes in the world around us. Whether these risks are pure...

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Fire

Combustion is a chemical reaction that occurs when a substance rapidly combines with oxygen, resulting in the production of heat and light. This process is often accompanied ...

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Life Assured

It is the basic concept of life insurance. Life assured is a term that refers to the individual whose life is being insured through a life insurance policy. This fundamental...

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