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Insurance

Guaranteed Term

In the world of finance, there exists a type of renewable term insurance that endures as long as the premiums are promptly paid. This is known as guaranteed term insurance, where the insurance company is bound to maintain the policy throughout its term. This offers a sense of security and stability for the policyholder, as they can rest assured that their coverage will not be abruptly terminated by the insurer.

Fire insurance

Understanding insurance coverage is crucial for any individual or business owner. One such coverage, included in homeowners and commercial multiple peril policies, protects ...

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Contract of adhesion

In finance, there exists a type of contract known as an insurance contract. This specific agreement holds a crucial factor that we must pay attention to - the wording. Any v...

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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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Premiums written

As a financial expert, it's crucial to understand the concept of net premiums written. This refers to the total premiums an insurer receives for all policies written within ...

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