Cost Of Risk (COR)

[REORTIERO]

Certain causes and conditions, listed in the policy, which are not covered. Damages
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Competitive Auto Repair Parts The determination of a court upon matters submitted to it. A final determination of the rights of the parties involved in the lawsuit.
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Settlement option. One of the several ways, other than immediate payment in a lump sum, in which the insured or beneficiary may choose to have a life insurance policy paid. Liquidity - Liquidity is the ability of an individual or business to quickly convert assets into cash without incurring a considerable loss. There are two kinds of liquidity: quick and current. Quick liquidity refers to funds--cash, short-term investments, and government bonds--and possessions which can immediately be converted into cash in the case of an emergency. Current liquidity refers to current liquidity plus possessions such as real estate which cannot be immediately liquidated, but eventually can be sold and converted into cash. Quick liquidity is a subset of current liquidity. This reflects the financial stability of a company and thus their rating.

A set of federal laws clearly stating the process by which a consumer is officially declared bankrupt, and the ways in which their outstanding debts are dealt with. Instalment Credit
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Paid-Up Additional Insurance - An option that allows the policyholder to use policy dividends and/or additional premiums to buy additional insurance on the same plan as the basic policy and at a face amount determined by the insured's attained age. Theft
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The process an insurer goes through to determine whether or not it will provide coverage for an applicant. A a policyholder contracts with a lender to pay the insurance premium on his/her behalf. The policyholder agrees to repay the lender for the cost of the premium, plus interest and fees.
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