Medi Assist Healthcare IPO

Home Insurance

Finance Wiki

Trending Categories

All Financial Terms Financial Instruments Market Entities Corporate Actions Public Offerings Fixed Income Instruments Currency Commodity Mutual Funds Derivatives Trading Terms Taxes

More

Derivatives Trading Terms Taxes Property Fixed Income Credit Cards Options and Futures Stocks Insurance IPO Technicals Retirement Planning Loans Gold Bank Deposits

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

Z

#

Insurance

Contestable Clause

A key aspect of an insurance policy is the provision outlining the circumstances in which the insurer can challenge or invalidate the policy. This condition, known as a contestability period, typically has a specific time frame for when it can be invoked. As a knowledgeable professor of finance, it is important to be aware of this provision and its implications for both insurers and policyholders.

Premiums in force

Life insurance policies that are still in effect at a specific moment are referred to as "in-force" policies. The total value of these policies can be calculated by adding t...

More

Promissory warranty

This is known as a guarantee. A guarantee is a contractual agreement that guarantees the truthfulness of a condition, fact, or circumstance throughout the duration of the c...

More

Social sector

In the world of finance, there exists a spectrum of groups that are often overlooked or misunderstood. These include the unorganised sector, informal sector, economically vul...

More

Credit derivatives

A vital aspect of financial management is the use of credit risk transfer contracts. These agreements allow institutions, like banks, to effectively mitigate their credit ri...

More