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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.

When an insurer pays a claim, they may take over damaged property in order to minimize their loss. This is known as salvage. Insurers have salvage rights over property they ...

Vandalism is a term used to describe the intentional destruction or damage of someone else's property. This can take many forms, from graffiti on walls to breaking windows o...

Defensive medicine

In the field of finance, there is a term commonly known as "defensive medicine". This refers to the practice of conducting additional procedures and tests for a patient, bey...

In the world of finance, there exists a risk management technique known as risk transfer. This involves one party, known as the transferor, paying another party, known as th...

Primary Beneficiary

Life insurance is a crucial financial tool that provides a designated beneficiary with policy benefits upon the insured's death. This beneficiary, chosen by the insured, is ...

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 ...

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Insurance

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

Fixed Income Instruments

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

Trading Terms

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

Loans

All terms and concepts related to borrowing money, including different types of loans, interest rate

Financial Instruments

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

Stocks

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

Fixed Income

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

Technicals

All terms and concepts related to technical analysis in finance, which involves using historical pri

Options and Futures

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

Financial Terms

A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used

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