Many business analyst think about life insurance to be the essential of sound financial planning. It can be a necessary engine in the following situations. Replace source of revenue for dependents If people depend upon an individual’s income, life insurance can replace that income if the person dies. The commonest example of this is…
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In this tutorial you can learn basic definitions about electronics Such as Electronic, Active Devices, Passive Devices,Current, Direct Current,Alternating Current, Frequency, Voltage, Resistance etc. Definition of Electronics Electronics is the branch of science that deals with the study of flow and control of electrons and the study of their behavior and effects in vacuums, gases,…
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In this post we are going to discuss about basic things of auto insurance. and this article help for the learners of the insurance and also people who are willing to get a auto insurance. When considering auto insurance, Auto insurance is a contract between the policyholder and the insurance company and also the policyholder…
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This is the third lesson of actuarial techniques. This part also discuss another terms of Fundamental Insurance Equation. if you don’t read second parts of this lesson. you can learn by using following link. The basic economic relationship for the price of any product can be given as follows: Price = Cost + Profit This…
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This is the second lesson of actuarial techniques. This part also discuss another terms of Basic Insurance Terms. if you don’t read first parts of this lesson. you can learn by using following link. Estimated Ultimate Losses Ultimate loss is the amount of money required to close and settle all claims for a defined group…
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It is not easy to become an actuary, but if you do become one, you are on your way to a very rewarding career that uses math all the time. An actuary is someone who is employed in the insurance industry. Others work in actuarial consulting firms.A very low number of actuaries work for government…
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If you have a website with the creative and useful content, most of users like to visit and get knowledge from your site. Then you can get more visitors for your site and you can earn money by using your website. However, Creative and useful content is not the only factors to come and retain users…
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In this post shows the six principles of insurance and usage of that principles when dealing with the insurance contract. Every insurance contract gives financial protection and security to the person who buy the insurance and that is the main objective of getting insurance policy.Insured must never try to misuse or gamble this safe financial cover.If a…
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When we are going to learn about the Insurance we can identify various types of concepts related to the insurance. Among that, the term of “Risk” is vary basic and most impotent concept we must learn before learning about insurance because almost all the times insurance are dealing with this risks and try to give…
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In this article give you same best introduction about “What is Banking Law and Banking” and related concepts.Before knowing about banking law should know that what the mean of law and what the mean of bank. It can be help to understand the banking law correctly. The Meaning of Law When considering simply,Law is a…
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