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Insurance

Variable annuity

An annuity is a financial product that can vary in value depending on the performance of the underlying investments. This means that the value of the annuity can go up or down based on the performance of the securities in which the funds are invested. As a knowledgeable finance professor, it is important to understand the potential risks and rewards of investing in such annuities. It is crucial to carefully consider the underlying securities before making any investment decisions.

Mediation

Mediation is a nonbinding process that involves a neutral third party who works towards resolving a dispute between two conflicting parties. This method is commonly used in ...

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Catastrophe reinsurance

Reinsurance, also known as insurance for insurers, plays a crucial role in the insurance industry. It enables companies to manage the financial impact of catastrophic losses...

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Temporary disabilities

Temporary disabilities are conditions that hinder an individual's ability to work for a short period of time due to illness or injury. These may include physical impairments...

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Collision coverage

Collision coverage is a crucial component of an auto insurance policy. This particular portion provides protection for the policyholder's vehicle in case of a collision. In ...

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