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Mortality Charge

When considering a life insurance policy, it is important to understand the concept of pure insurance protection. This refers to the cost associated with insuring against the risk of death. The charge for this protection will vary based on factors such as age, health, and the amount of coverage. It is essential to carefully consider this element when selecting a life insurance policy that best fits your needs.

Insurer

Insurance is a crucial aspect of risk management, and it involves transferring financial risks to an insurance company. This party, known as the insurer, provides coverage t...

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Reinsurance pool

Reinsurance is a crucial tool in the world of finance, particularly in the insurance industry. It allows for the transfer of risk from one insurer to another, providing a la...

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Dynamic risks

One of the fundamental concepts in finance is the idea of risk. It refers to the uncertainties that arise due to changes in the world around us. Whether these risks are pure...

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Product liability insurance

Product liability refers to the legal responsibility that manufacturers and distributors have towards consumers who suffer bodily injury or property damage due to their prod...

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