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Insurance

Increasing term

In finance, there exists a type of life insurance called "term life insurance" that may be of interest to you. This particular policy has a unique feature where the face amount, or the sum of money paid out upon the insured's death, increases at regular intervals according to a predetermined schedule. This can be a valuable tool in providing financial protection for your loved ones in the future.

Reasonable expectations

The principle of reasonable expectation, an extension of the adhesion doctrine, holds that insurance coverage should be interpreted based on what the insured would reasonabl...

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Aviation insurance

Commercial airlines carry property insurance for their planes and liability insurance for any negligent actions that may cause harm or damage to passengers or third parties....

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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 bus...

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Financial risks

Understanding the concept of risk is crucial in the world of finance. It encompasses various factors such as credit, foreign exchange, commodity trading, and interest rates....

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