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Insurance

Conditionally renewable

An insurance policy with the flexibility to be terminated or have its premiums increased by the insurer on a designated date, contingent upon predetermined reasons outlined in the policy.

As we delve into the area of insurance, it is important to understand the concept of underinsurance. This refers to the situation where a policyholder has not purchased enou...

Average adjusters

In the realm of marine insurance, there exists a title known as a "claims adjuster." This term refers to individuals who specialize in assessing and determining the value of...

Standard premium

When determining the cost of manual rates for an employee, it is important to take into account their level of experience. This can be done through experience rating, which ...

Internet insurer

An online-only insurer is a company that operates solely through the Internet, without the use of traditional brick-and-mortar stores or agents. This business model allows f...

Excess of loss reinsurance

A fruitful collaboration between an insurer and a reinsurer, where the insurer undertakes to cover a certain portion of a claim and the reinsurer to cover all or a partial a...

Increasing term insurance

Life insurance is a crucial aspect of financial planning, providing financial security to loved ones in the event of the policyholder's death. One type of life insurance is c...

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Fixed Income Instruments

All terms related to investments like bonds or treasury bills that provide regular, fixed payments,

Derivatives

All terms & concepts related to financial contracts whose value is based on an underlying asset,

Market Entities

All terms related to various types of organizations or individuals, like investors, banks, insurers,

Mutual Funds

All terms and concepts related to mutual funds, which are investment vehicles that pool funds from m

Property

The "Property" category in finance encompasses all aspects related to real estate and tangible asset

Trading Terms

Trading Terms encompass terminology and phrases commonly used in financial markets, including terms

Retirement Planning

All terms and concepts related to the process of saving and investing to ensure financial security a

Financial Instruments

Legal contracts that represent financial value, such as stocks, bonds, options, futures, and various

Bank Deposits

All terms and concepts related to the placement of money in a bank account, including savings accoun

Gold

All terms and concepts related to the precious metal gold, including its price, trading, investment,

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