InsuranceMine subsidence coverage Promissory warranty Contractors' Equipment floater Principal Money Back Plan Chief risk officer (CRO)
Valued policy
Insurance policies are designed to provide financial protection to individuals or businesses in the event of a loss. In simpler terms, it is an agreement between the insurer and the insured, under which the insurer agrees to pay a predetermined amount of money to the insured or their beneficiaries in case of a covered loss. This amount is fixed and not dependent on the extent of the loss. An example of this is a life insurance policy, where the insurer pays a set amount to the beneficiary upon the death of the insured.
Related terms
Understand the meaning and definition of Mine subsidence coverage in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Promissory warranty in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Contractors' Equipment floater in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Principal in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Money Back Plan in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Chief risk officer (CRO) in the context of stock market, trading, and investments.
MORE
Explore other categories
10 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments
Get the link to download the App
