An insurance policy is a contract between an individual or entity (the policyholder) and an insurance company, whereby the insurance company agrees to provide financial protection to the policyholder in exchange for a premium payment. The insurance policy outlines the…
Income protection insurance, also known as disability insurance, is a type of insurance policy that provides a regular income if you are unable to work due to illness or injury. It is designed to replace a portion of your lost…
Intermediaries are entities or individuals that act as intermediaries between buyers and sellers in a financial transaction. In the context of collective investments, intermediaries typically include brokers, financial advisors, investment managers, custodians, and other service providers who facilitate the buying…
Health insurance is a type of insurance that helps individuals and families cover the costs of medical expenses, including doctor visits, hospital stays, prescription drugs, and other healthcare services. Health insurance plans vary depending on the type of coverage and…
Investment strategies vary depending on an individual’s financial goals, risk tolerance, and investment horizon. Here are some common investment strategies: Buy and hold: This strategy involves buying stocks or other assets and holding them for the long term. The goal…
Investment is the process of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit. Investing is one of the best ways to grow your wealth over time, and it is an essential…
