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

#

Insurance

Rebating

One concept that is frequently deemed unlawful by both legal authorities and regulators is the act of an insurance sales agent offering a portion of their commission to the buyer. This practice, known as rebating, is strictly prohibited in the finance industry. It is important for individuals to be aware of such practices and understand the implications of participating in them. As knowledgeable individuals in the field of finance, it is our duty to educate and guide others on these matters.

Mortgage clause

In insurance contracts, there exists a clause which grants the mortgagor of a property the first right of recovery. This essentially means that in the event of a claim, the ...

More

Adjustable Life Insurance

Life insurance policyholders have the option to modify their policy through a facility known as policy conversion. This allows for changes to the insurance plan, adjustments...

More

Non Medical Insurance

Life insurance contracts are usually based on an individual's statement of their health. This means that no medical examination is required for the insurance to be underwrit...

More

After Tax Rupees

Discretionary income, as defined by the Income Tax Act, is the remaining income a policy holder has after taxes have been paid for a specific financial year. It is the amoun...

More