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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.

Extra expense insurance

In financial terms, consequential property insurance refers to a type of coverage that protects businesses from the financial consequences of an interruption. This means tha...

The expiration date signifies the conclusion of the deferment period. This is a crucial term in the world of finance, as it determines the end date for a grace period in whi...

Vicarious liability

As a finance professional, it is important to understand the concept of vicarious liability. This refers to the legal responsibility one may have for the actions or wrongdoi...

Reinsurance contracts are agreements between insurance companies where one insurer transfers part of its risk to another insurer. This is done to protect against losses that...

Burglary and theft insurance

Burglary, robbery, and larceny are common terms in the world of finance, specifically in relation to insurance. These terms refer to the loss of property, whether it be in a...

As a finance professor, I would like to introduce you to the Insurance Regulatory and Development Authority of India (IRDAI). This governing body serves as the backbone of t...

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Financial Instruments

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

Public Offerings

All terms related to a company selling its shares or bonds to the public for the first time (IPOs) o

Insurance

All terms and concepts related to insurance, which is a financial arrangement that provides protecti

Options and Futures

All terminologies and concepts related to financial derivatives, including options and futures contr

Currency

All terms related to the system of money in general use in a particular country, representing a medi

Retirement Planning

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

Taxes

All terminology and concepts related to various tax types, tax laws, and taxation principles.

Derivatives

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

Stocks

All terms and concepts related to stocks, also known as equities, which represent ownership shares i

Corporate Actions

Terms related to decisions and events initiated by a company that can impact its stock, such as divi

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