Skip to main content
Insurance

Conditional contract

A fundamental concept in finance is the idea of a contract, where one party agrees to perform certain actions in exchange for another party's compensation. This is particularly relevant in insurance contracts, where the insured party is required to fulfill specific obligations in order to receive coverage. Understanding the terms and conditions of a contract is crucial in navigating the complexities of the financial world.

Related terms

Package policy

Understand the meaning and definition of Package policy in the context of stock market, trading, and investments.

MORE
Endowment

Understand the meaning and definition of Endowment in the context of stock market, trading, and investments.

MORE
Ceding company

Understand the meaning and definition of Ceding company in the context of stock market, trading, and investments.

MORE
Hostile fire

Understand the meaning and definition of Hostile fire in the context of stock market, trading, and investments.

MORE
Adjuster

Understand the meaning and definition of Adjuster in the context of stock market, trading, and investments.

MORE
Variable annuity

Understand the meaning and definition of Variable annuity in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store