Meaning of the word: Insurance policy
Insurance or insurance policy is a agreement between the insurer and the insured or policyholder. It is a paid service, when the insured pay regular insurance amounts to insurer. The insurer undertakes to ensure that if there is an incidental claims, shall pay the costs. The insurance applies only to previously agreed contractually written event is paid only in compliance with all the conditions.
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Maturity
Maturity is very important concept in finance, because every loan or other financial instrument is due to be paid. Maturity is a date, when the…
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