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Insurance

Fidelity bond

One crucial aspect of managing finances is having a clear understanding of insurance terminology. In particular, the concept of fidelity insurance is highly relevant for businesses. This type of coverage protects companies from financial losses resulting from fraudulent actions committed by designated individuals. In essence, it provides a safeguard against the dishonest acts of employees and other specified individuals. It is imperative for businesses to have fidelity insurance in place to mitigate the risks of financial harm due to fraudulent activities.

Electronic commerce / e-commerce

The concept of e-commerce has revolutionized the way businesses operate, including the sale of financial products. One such example is the sale of insurance through online p...

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Mortality table

The mortality table is a valuable tool used in the world of finance to determine the likelihood of death at different ages. It presents the number of deaths per thousand ind...

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Structured settlement

A crucial aspect of finance is the legal agreement known as structured settlement. This agreement entails periodic payments to a designated individual, often one who has sus...

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Misstatement-of-age clause

Life insurance policies often contain a provision known as the misstatement of age clause. This clause allows for a change in the amount of insurance that will be paid out i...

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