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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.

Business pursuit

A fundamental concept in finance is that of an ongoing endeavor to generate income. This can take many forms, such as employment, entrepreneurship, or investments. Regardles...

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Freight

Freight is the cost paid for the shipment of goods. This term is often used in the context of marine insurance, where vessel owners purchase freight insurance to protect aga...

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Principal

In the realm of finance, we often come across the term 'principal.' Now, the principal is not just the head of a school, but it also refers to the obligor or the individual ...

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Self-insurance

When it comes to managing financial risks, there is a key concept that every individual and organization should understand: self-insurance. This involves taking on the respo...

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