Termination of contract


Meaning of the word: Termination of contract

Termination of contract is a process, when void a contract between the insurer and the policyholder. For example, the contract may disappear spontaneously at the expiry of the insurance period, however, it can also disappear for violation of the conditions of one of cooperated partners.

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Bank account

A bank account is a financial account in the bank. The Bank's clients have their money deposited in their bank account and they have access to them.…

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