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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.

As a professor of finance, it is crucial for you to understand the concept of insurable value. This refers to the amount of loss that can be covered by insurance for a prope...

Single Premium Policy

Life insurance is a financial product that offers coverage for a specific period or for your entire life, depending on the terms of the contract. It involves a one-time lump...

Endowment insurance

Welcome everyone, today we will be discussing the concept of life insurance. This is a type of financial protection that guarantees a payout at the end of a specified time pe...

Expediting expenses

When an insurer agrees to cover the cost of expediting the repair of machinery, they are agreeing to cover any reasonable additional expenses. This can include costs for ove...

Reinsurance refers to the practice of transferring a portion of risk from primary insurance companies to reinsurers. This is a common tool used in the finance industry to ma...

Your current age plays a significant role in the world of finance, particularly when it comes to life insurance. This is known as your attained age and it is a key factor in...

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Insurance

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

Currency

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

Mutual Funds

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

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

Market Entities

All terms related to various types of organizations or individuals, like investors, banks, insurers,

IPO

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

Loans

All terms and concepts related to borrowing money, including different types of loans, interest rate

Corporate Actions

Terms related to decisions and events initiated by a company that can impact its stock, such as divi

Financial Instruments

Legal contracts that represent financial value, such as stocks, bonds, options, futures, and various

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