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

Earnings multiple approach

Understand the meaning and definition of Earnings multiple approach in the context of stock market, trading, and investments.

MORE
Floater

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

MORE
Rebating

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

MORE
Combined ratio

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

MORE
Guaranteed renewable

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

MORE
Premiums written

Understand the meaning and definition of Premiums written 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

Open Free Demat Account!

Join our 3.8 Cr+ happy customers
+91