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Insurance

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 falls outside of these limits, they may not be able to obtain insurance or renew their existing policy. It is important to be aware of these age limits when considering insurance options.

Express warranty

Contracts often include a warranty, which is a promise that a product or service meets certain standards. This warranty is a legally binding agreement between parties and sp...

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Renewal Premiums

In the realm of finance, we often come across the term 'premiums'. These are payments that are made towards an insurance policy, and they can be of different types. One type...

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Vicarious liability

As a finance professional, it is important to understand the concept of vicarious liability. This refers to the legal responsibility one may have for the actions or wrongdoi...

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Financial risks

Understanding the concept of risk is crucial in the world of finance. It encompasses various factors such as credit, foreign exchange, commodity trading, and interest rates....

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