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Insurance

Vesting Bonus

One important term in the field of finance is bonus. This is a term used by insurers to refer to the additional amount that is given to the policyholder. It is calculated after assessing the company's assets and liabilities. This bonus is then added to the original sum assured stated in the policy.

Conditions

An insurance contract is considered active when certain conditions are met. Failure to comply with these conditions may result in the refusal to pay for any losses....

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Immediate annuity

A type of annuity that starts providing benefits shortly after it has been purchased is known as immediate annuity. This type of annuity ensures that individuals receive pay...

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Identity theft insurance

Identity theft coverage is essential in protecting yourself from financial loss due to fraudulent activity. This coverage not only includes expenses for notarizing fraud aff...

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Leasehold

A lease is a legal agreement that grants a tenant the right to use and enjoy a property for a designated period of time. This interest in real property is known as a leasehol...

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