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An irrevocable beneficiary is a life insurance beneficiary who has legal rights to the policy benefits and must give consent before any changes are made. Understanding Irrevocable Beneficiary in Everyday …
What Is an Irrevocable Beneficiary? – Simple and Easy Explanation Read More
Investment income due is money an investment has earned and is already owed to you as of the reporting date. Understanding Investment Income Due in Simple Terms Investment income due …
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Investment income accrued is income you’ve earned from investments but haven’t been paid yet. Understanding Investment Income Accrued in Plain English Investment income accrued refers to money that an investment …
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Investment grade means a bond or obligation is considered high quality and lower risk by trusted rating authorities. Understanding Investment Grade in Simple Terms The term investment grade is commonly …
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Internet liability insurance, also called cyber insurance, helps protect businesses from financial losses related to online risks and digital activities. Understanding Internet Liability Insurance in Plain English Internet liability insurance, …
What Is Internet Liability Insurance (Cyber Insurance)? – Simple and Easy Explanation Read More
In insurance, “international” refers to business done outside the U.S. when the exact type of coverage cannot be clearly identified. Understanding “International” in Insurance Terms The word international usually makes …
What Does “International” Mean in Insurance? – Simple and Easy Explanation Read More
An intermediary connects health insurers with medical providers to help deliver care to insured members. Understanding the Role of an Intermediary In the health insurance world, an intermediary is a …
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An insurer is a licensed company that provides property or casualty insurance and agrees to pay covered claims. Understanding What an Insurer Is In simple terms, an insurer is an …
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An insured is the person or group protected by an insurance policy when something unexpected happens. Understanding Who the Insured Is In insurance, the term insured refers to the party …
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Insurance to value compares how much insurance you buy to what it would really cost to replace your property after a loss. Understanding Insurance to Value in Everyday Terms Insurance …
What Is Insurance to Value? – Simple and Easy Explanation Read More