A comprehensive guide on mutual funds within the insurance sector. Learn how insurance companies raise funds, types of mutual funds, and their impact on your investments.
Explore the concept of commutation right in life insurance, allowing beneficiaries to exchange a series of payments for a lump sum. Learn its implications and benefits.
Learn about life insurance trusts, where a trust company is named as the beneficiary of a life insurance policy. Understand the benefits issued under such agreements.
Learn about Trusts (Estate) - A common arrangement where a trustee manages property for beneficiaries until a predetermined time. Discover key aspects and benefits.
Learn about Generation Skipping Transfers (GST) in estate planning. Understand how property can be gifted or inherited by individuals two generations down the line from the property owner. Explore the implications and benefits of GST.
Learn about estate tax, a levy based on the value of a deceased's estate that is due to the federal government. Understand its implications for estate planning and asset distribution.
Learn about Endowment Insurance, a type of life insurance that promises a payout to the insured at the end of a specified period or to their beneficiary in the event of death during that period.
Explore comprehensive definitions, etymologies, synonyms, antonyms, facts, quotes, government regulations, references, and quizzes related to insurance terms. Ideal for professionals, students, and enthusiasts.