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

Pooling

of investors is known as pro rata Pro rata refers to the practice of distributing total losses among a group of investors. This is done in proportion to each investor's stake in the venture. In other words, the bigger the investment, the greater the share of the losses. This concept is commonly used in the world of finance and is essential to understand for any investor. It ensures that everyone bears a fair share of the risks and rewards. So, always keep pro rata in mind when making investment decisions.

Double Indemnity

In the field of finance, there exists the concept of providing a payment that is twice the basic benefit in the event of a loss. This is applicable only under certain circum...

More

Outstanding debt

Debt is a financial term that refers to the amount of money owed by an individual to their creditors or lenders. In the context of insurance, outstanding debt specifically p...

More

Adjustable Life Insurance

Life insurance policyholders have the option to modify their policy through a facility known as policy conversion. This allows for changes to the insurance plan, adjustments...

More

Reinstatement clause

Insurance policies can often lapse due to non-payment of premiums. However, with the option of reinstatement, an individual can revive their policy and continue receiving cov...

More