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

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.

Per-cause deductible

A per-incident deductible is a fee that is charged for every new illness or accidental injury. This amount is paid by the insured party before their insurance coverage kicks...

More

Consideration

This is typically done to protect individuals and businesses from financial loss due to unforeseen events. An insurance contract entails a fixed premium and a mutual unders...

More

Risk-based capital

In addition, insurance companies may also be required to hold a certain amount of reserves Insurance companies must maintain appropriate capital levels based on the level of...

More

Reciprocal

A mutual insurance company is a type of insurer that is owned by its policy-holders. This means that the individuals who have insurance policies with the company are also sh...

More