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Insurance

Loyalty Additions

An insurer may offer incentives as a bonus to the insured for maintaining the policy throughout the contract's duration. These incentives serve as an additional benefit for the insured and are determined by the insurer's performance.

of investors is known as pro rata Pro rata refers to the practice of distributing total losses among a group of investors. This is done in proportion to each investor's sta...

Mortgage insurance

Let's discuss a type of insurance that is specifically designed to cover the life of an individual who has taken out a mortgage. This form of insurance is known as decreasin...

A policy that covers medical expenses until a predetermined date and cannot be extended is known as a term health policy. This type of policy is beneficial for those who wan...

A non-cancelable policy is a type of insurance that cannot be terminated by the insurer until a specific age is reached. In other words, the policy remains in force as long ...

Completed operations coverage

Liability insurance covers the cost of any bodily injury or property damage caused by a completed project or job. This is a crucial protection for businesses that offer serv...

Cash value option

Life insurance policies often come with an option known as cash surrender value, which allows the policyholder to receive the current value of their policy in cash upon surr...

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Taxes

All terminology and concepts related to various tax types, tax laws, and taxation principles.

Insurance

All terms and concepts related to insurance, which is a financial arrangement that provides protecti

Fixed Income Instruments

All terms related to investments like bonds or treasury bills that provide regular, fixed payments,

Technicals

All terms and concepts related to technical analysis in finance, which involves using historical pri

Credit Cards

All terms and concepts related to the use, features, and management of payment cards allowing users

Mutual Funds

All terms and concepts related to mutual funds, which are investment vehicles that pool funds from m

Fixed Income

Investments that provide regular, fixed payments, such as bonds and treasury bills.

Property

The "Property" category in finance encompasses all aspects related to real estate and tangible asset

Options and Futures

All terminologies and concepts related to financial derivatives, including options and futures contr

Financial Terms

A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used

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