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

Term

It can be for a specific period of time or for a lifetime Insurance coverage is typically provided for a defined period known as a term. This period could be for a set number of years or even for an individual's entire lifetime. It's important to understand the terms of your insurance coverage, as they determine the length of time you will be protected. This knowledge can help you make informed decisions when selecting an insurance policy.

Unilateral contract

A legal agreement, like an insurance contract, where one party is obligated to fulfill promises that are legally binding. This type of contract is known as a unilateral cont...

More

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...

More

Loss settlement clause

When it comes to assessing the value of items after a loss, there are two options: actual cash value or replacement cost. The determination of which one to use is based on a...

More

Comprehensive coverage

Let's discuss a crucial aspect of auto insurance - comprehensive coverage. This segment of your policy safeguards your vehicle against damages that do not involve a collisio...

More