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Insurance

Compulsory auto insurance

In the world of finance, there exists a minimum threshold for auto liability insurance that is mandated by law. This coverage protects individuals from financial losses in case of an accident. It is crucial to understand this requirement and ensure that it is met to safeguard our financial well-being. So, let us delve into the details of this essential aspect of finance.

Commercial umbrella

A liability policy is a crucial tool in the world of finance, specifically designed to protect against catastrophic losses. It is a form of risk management that shields indi...

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Earthquake insurance

One important aspect of insurance is the coverage for buildings and their contents. However, it is worth noting that this coverage often comes with a significant percentage ...

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Fixed-period option

A death benefit is a payment made in regular, equal instalments over a predetermined period of time. This payment is typically given to the designated beneficiaries of a dec...

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Lapse

When a policy owner fails to pay the premium within the grace period, the policy is terminated. This means that the coverage will end and the policy will no longer be in eff...

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