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

#

Loss reserves

and are an important factor in determining the company?s financial stability. The insurer's financial stability is influenced by the company's estimated amount for claims, which is regularly adjusted. These estimations are recorded as a liability on the balance sheet and play a crucial role in evaluating the company's overall performance. As changes in the market and other factors can impact the company's claim payments, these estimates require periodic reassessment. Such financial terms are essential in understanding the dynamics of the insurance industry and its impact on a company's financial health.

Straight life

A permanent life insurance policy that requires premiums to be paid for the entire duration of the insured's life is known as a whole life policy. This type of policy offers...

More

Human life value

Imagine a scenario where a person receives a sum of money, but they want to make sure it lasts them for the rest of their working life. How can they do this? By breaking dow...

More

Whole Life Insurance

A fundamental concept in the world of finance is that of whole life insurance. This type of insurance provides coverage for an individual's entire life, as long as the requi...

More

Valued policy

Insurance policies are designed to provide financial protection to individuals or businesses in the event of a loss. In simpler terms, it is an agreement between the insurer...

More