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Insurance

Optionally renewable

A policy that can be terminated by the insurer on the yearly anniversary date without any limitations. The insurer is free to cancel the policy at any time, as long as it falls on the anniversary date.

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...

Contractors' Equipment floater

Mobile equipment, such as tractors, steam shovels, and drilling equipment, is vital in the construction and mining industries. However, their high value and constant use also...

Stealing is a severe offense that refers to the illegal taking of someone else's property without their permission. It is considered a form of theft and can include a wide r...

Political risk insurance

. Businesses operating in foreign countries face the risk of political upheaval, including war, revolution, or confiscation of property. This risk can have a significant imp...

Fair rental value

A crucial aspect of dwelling policies is the concept of potential rental income, which refers to the amount a building could have earned at the time of a loss, regardless of...

Claims management

Loss claims are an essential aspect of managing financial risk. As a knowledgeable finance professor, it is imperative for you to understand the functions involved in handl...

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Currency

All terms related to the system of money in general use in a particular country, representing a medi

Options and Futures

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

IPO

All terms and concepts related to the process in which a private company offers its shares to the pu

Fixed Income

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

Derivatives

All terms & concepts related to financial contracts whose value is based on an underlying asset,

Insurance

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

Property

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

Public Offerings

All terms related to a company selling its shares or bonds to the public for the first time (IPOs) o

Bank Deposits

All terms and concepts related to the placement of money in a bank account, including savings accoun

Trading Terms

Trading Terms encompass terminology and phrases commonly used in financial markets, including terms

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