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Insurance

Guaranteed Term

In the world of finance, there exists a type of renewable term insurance that endures as long as the premiums are promptly paid. This is known as guaranteed term insurance, where the insurance company is bound to maintain the policy throughout its term. This offers a sense of security and stability for the policyholder, as they can rest assured that their coverage will not be abruptly terminated by the insurer.

Accelerated death benefit

Let's take a closer look at a common finance term - accelerated benefit. This refers to a portion of a policy's face amount, adjusted for interest, that can be received by t...

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Pensions

Retirement income programs, also known as retirement plans, are designed to financially support employees once they reach a certain age and have completed a specified length...

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Trustee

A trustee is the individual who holds legal ownership of a trust's property. It is their duty to manage and distribute the assets in accordance with the terms outlined in th...

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Theft insurance

One essential aspect of financial management is safeguarding against theft by those who are not in positions of trust. This coverage protects against potential loss due to d...

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