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

#

Insurance

No-pay, no-play

One of the fundamental concepts in the world of finance is the notion that those who do not invest in insurance should not be entitled to its benefits. This concept is particularly evident in the realm of driving, where uninsured individuals are prohibited from receiving compensation from insured drivers in the event of an accident. This serves as a reminder of the importance of being adequately covered and the consequences that may arise from neglecting to do so.

Warranty

An essential element of an insurance contract is a clause that outlines specific conditions, circumstances, or facts that must be met before or after the contract takes effe...

More

Mortgage clause

In insurance contracts, there exists a clause which grants the mortgagor of a property the first right of recovery. This essentially means that in the event of a claim, the ...

More

Umbrella policy

As a knowledgeable professor in finance, it is crucial to understand the concept of excess insurance coverage. This type of coverage provides protection for losses that exce...

More

Critical Illness Rider

Life insurance policies offer a critical illness rider as a safeguard against unexpected financial burdens caused by a terminal illness. This rider provides the insured with...

More