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Insurance

Agent (Life Advisor)

An insurance agent is an individual who is licensed to sell insurance policies on behalf of an insurance company. They have a deep understanding of insurance products and can provide guidance on which policies best suit your needs. It is important to carefully consider your options and consult with an insurance agent to ensure you are adequately covered and making the best financial decisions for your future.

Estoppel

One of the fundamental principles in the realm of finance is the doctrine of estoppel. Under this legal principle, an individual may be obligated to either take action or re...

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Requisites of insurable risks

As we delve into the realm of insurance, it's crucial to understand the perspective of both the insurer and the insured. For the insurer, a critical factor is the presence o...

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Outstanding balance on loans

A crucial financial concept to understand is the loan balance, which refers to the remaining amount that a policyholder owes on a loan. This balance includes both the princi...

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Annuity Consideration

An annuity is a financial product that provides a stream of fixed payments to the annuitant, typically in retirement. The premium is the amount of money that the annuitant p...

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