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Insurance

Permanent disability

A debilitating condition that renders an individual incapable of continuing their employment for the remainder of their life. This can be caused by a variety of factors, such as a severe injury or chronic illness. In these cases, it is important to have financial protection in the form of disability insurance to ensure financial stability for the affected individual and their family. Without proper coverage, the loss of income can have significant and long-lasting consequences. Therefore, it is crucial to carefully consider and plan for disability insurance as a part of one's overall financial strategy.

State-mandated benefits

In the world of finance, it is crucial to understand the concept of employee benefits, which are mandated by the state to be provided by employers. These benefits, such as h...

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Hull insurance

A marine insurance policy provides coverage for ships that traverse the ocean. This type of insurance protects against damage or loss of the vessel, as well as any damage or...

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After Tax Rupees

Discretionary income, as defined by the Income Tax Act, is the remaining income a policy holder has after taxes have been paid for a specific financial year. It is the amoun...

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Consequential damage endorsement

Businesses often purchase insurance coverage to protect against potential losses. This coverage may include protection for losses that occur due to the failure of an insured...

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