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An idea that a party that is protected in some way from risk will act differently than if they didn't have that protection. We encounter moral hazard every day - tenured professors becoming indifferent lecturers, people with theft insurance being less vigilant about where they park, salaried salespeople ...
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If you're looking to get your first mortgage, there are many financing options available.
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Find out everything you need to know to tackle this major purchase without fear.
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From car insurance to concert tickets, be sure to take advantage of whatever your card has to offer.
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Activities of daily living (ADL) refer to daily activities that individuals normally do, unassisted, to take care of themselves. These activities include: bathing, eating, cooking, walking, dressing, house chores, personal hygiene and walking. Usually, healthcare professionals (nurses, nurse's aides, ...
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The Glass-Steagall Act of 1933 would reform the banking indusry, and attempt to protect the average investor.
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Starting a new job is stressful but you don't need to sweat about setting up a benefits package.
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The next time portfolio losses have you down, just be glad that you can blame some of your woes on the market, rather than your own poor judgment.
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Americans are increasingly turning home equity to cash - but this transaction is not as simple as it sounds.
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Feeling stressed out? Your health could suffer and your budget might not be far behind.
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With a little pre-trip planning, you can avoid being stranded without adequate funds.
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Home buyers with low down payments may get stuck with higher mortgage payments. Find out what you get for the extra money.
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Investment companies and brokers want to sell. Unfortunately, this can result in promotional material that is not entirely frank, or far worse, truly misleading.
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The months leading up to your retirement can be the most crucial in terms of planning. Review your insurance, make a budget and plan your estate so the transition to retirement is as easy as possible.
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Job loss can be devastating. Learn how to anticipate it and quickly get back on your feet.
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It's the biggest purchase of your life - find out what can go wrong before you even close the deal.
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Working nine months a year and earning a six-digit salary might seem like the high life, but these jobs are not easy to come by.
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Follow these steps to give your partner a clear picture of your household's financial situation and the confidence to take over.
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A force majeure is derived from the French term meaning "greater force" and refers to any natural and unavoidable catastrophe. A force majeure clause is included in contracts to remove liability when such events restrict participants from fulfilling their obligations.
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Joblessness is temporary, but neglecting your retirement savings has permanent consequences.
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How did America's strong economy tumble so quickly? Find out here.
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If a dip in the economy has you worried about retirement, you still have options.
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This thriving country was brought to its knees by the rapid growth - and subsequent decline - of its banking industry.
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Guru Warren Buffett is making this sector popular. Learn more here.
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Find out how to use and compare policy options to get the best coverage at the best price.
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The term "multiline insurance" can refer to multiline contracts and multiline insurers, so let's take a look at both variations. A multiline contract is a type of insurance policy that bundles together exposures to risk and covers them under a single contract with a common aggregate deductible and policy ...
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This coverage will allow you to focus your attention on getting well, rather than getting by.
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Reinsurance occurs when multiple insurance companies share risk by purchasing insurance policies from other insurers to limit the total loss the original insurer would experience in case of disaster. By spreading risk, an individual insurance company can take on clients whose coverage would be too great ...
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Here are ten ways to make sure you get the right home insurance coverage and compensation for your property.
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If you've got excellent math skills, they can add up to a lucrative career as an actuary.
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Learn the pros and cons before you bid adieu to sales meetings and power suits forever.
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Medical discount plans can help the uninsured or underinsured afford better healthcare.
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Find out how different types of coverages can protect you and which policy is right for you.
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Calculate how much your property will need to appreciate to cover the costs of owning it.
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Find out how these additional benefits can help you customize your policy.
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Standard liability coverage may not be enough. Special needs call for specialized policies.
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Learn how much - if any - insurance you really need.
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This practical product can protect you from the rising cost of care and provide for your beneficiaries at the same time.
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Find out if this policy coverage will add money to your pocket, or cost you in the long run.
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Learn how to protect your money from lawsuits, creditors and other judgment proceedings.
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Term life insurance is the most basic of insurance policies. It is nothing more than an insurance policy that provides protection for accidental death and possibly debilitating injuries for a specified period of time. If you or your beneficiaries do not make any claims during the term of such a policy, ...
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Learn how a foray into CDOs and other exotic products ruined an industry's image.
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First things first, it's only partially correct to think that a portion of your bank deposits is protected. The Federal Deposit Insurance Corporation (FDIC) will insure deposits up to $250,000 in participating institutions. The key here is that the insurance only applies to participating institutions.
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Understanding your contract can help you protect our family's financial security.
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The 80% rule refers to the fact that most insurance companies will not fully cover the cost of damage to a house due to the occurrence of an insured event (e.g. fire or flood), unless the homeowner has purchased insurance coverage that is equal to at least 80% of the house's total replacement value.
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How can you save the recommended 10% of your income? We'll show you how to get there.
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Don't go to work without this policy in place - especially if your work is in your home.
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Find out how to get the upper hand when dealing with this payout challenge.
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Overfunded variable universal life insurance policies can be an all-in-one financial solution.
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A gatekeeper is a health insurance term used to describe the person in charge of a patient's treatment. Anyone who receives health insurance coverage in the form of a managed care plan, specifically a Health Maintenance Organization (HMO) plan, is assigned a gatekeeper or allowed to choose one.