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Insurance

Conditions

An insurance contract is considered active when certain conditions are met. Failure to comply with these conditions may result in the refusal to pay for any losses.

Precertification

Prior authorization is a crucial cost-containment strategy in which non-emergency medical services must be approved before treatment can be provided. This helps control healt...

Revocable beneficiary

A beneficiary designation in life insurance is a crucial aspect that can be altered by the policy owner. This allows the policy owner to designate a specific individual or e...

Credit life insurance

A vital element in any financial plan is life insurance, specifically coverage for borrowers. This safeguards against the unfortunate scenario of a borrower's death before t...

Liability insurance

Insurance is a contract between a policy-holder and an insurance company where the former agrees to pay a premium in exchange for coverage in case of any financial losses du...

Underwriting income

An important concept in the world of finance is the insurer's profit, which refers to the amount earned after all expenses and losses have been covered through the sale of i...

Risk management involves making strategic decisions on how to handle risk. One approach is to bear the consequences of risk, rather than trying to avoid or transfer it. This...

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Stocks

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

Options and Futures

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

Property

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

Financial Instruments

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

Fixed Income

Investments that provide regular, fixed payments, such as bonds and treasury bills.

Corporate Actions

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

Trading Terms

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

Fixed Income Instruments

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

Taxes

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

Commodity

All terms related to the basic goods used in commerce that are interchangeable with other goods of t

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