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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, I would like to discuss the key role of selling in insurance operations. It is an essential function that involves identifying potential customers...

Life insurance policies are owned by the policyholder, typically the insured individual. However, ownership can also extend to a variety of entities, from relatives to partn...

Defensive medicine

In the field of finance, there is a term commonly known as "defensive medicine". This refers to the practice of conducting additional procedures and tests for a patient, bey...

A fundamental concept in the world of finance is the purpose or goal behind obtaining a life insurance policy. This objective can vary from person to person, with some seeki...

Title insurance

Title insurance is a form of protection that safeguards a property owner in the event that their legitimate ownership of real estate is called into question due to flaws in ...

Underwriting income

An important concept in the world of finance is the insurer's profit, which refers to the amount earned after all expenses and losses have been covered through the sale of i...

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Mutual Funds

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

Corporate Actions

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

Options and Futures

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

Public Offerings

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

Retirement Planning

All terms and concepts related to the process of saving and investing to ensure financial security a

Taxes

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

Credit Cards

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

Financial Instruments

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

Currency

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

Fixed Income Instruments

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

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