Funding

Short-term Loans

Short-term loan occurs when a bank lends money for a small period of time. It’s a common practice for banking institutions to provide a short-term loan for a period up to one year. Some commercial banks increase the term to two years. The size of the short-term loan Credit institution makes a decision about a […]

Insurance

What is life insurance

Life insurance is an agreement between an insurance policy holder and an insurer according to which the insurer takes an obligation to pay a specified sum of money in case of the insured person’s death. Some contracts may specify not only death but also illness as an insured event. The contract obliges the insured person […]

Insurance

What is health insurance

Health insurance system in the USA is very developed and mainly of a private character. Decentralization, high level of insurance companies’ infrastructure and absence of government regulation are its distinguishing features. System of health insurance in the USA is based on mutual connections between central insurance fund and a network of independent local insurance companies. […]

Insurance

What is renters insurance

Renters insurance is a fine option when you rent a common accommodation and are afraid of causing any harm to the property of your neighbors or having your possessions damaged. In case something unexpected and extraordinary happens you can end up with a heavy burden of damages to pay for. To avoid this unpleasant situation […]

Insurance

What is homeowners insurance

When it comes to purchasing a homeowners insurance all people ask the same but very important question: how much am I to pay for it? To determine the exact amount of insurance premium you need to have a clear understanding of the factors that influence the process of premium determination. Let’s examine them briefly. 1. […]

Insurance

What is travel insurance

Traveling is a pleasant adventure but very often unpredictable circumstances can spoil all impressions and, even worse, cause substantial financial expenditures. To avoid or at least diminish the uncertainty it’s always worth considering travel insurance option. A basic travel insurance includes such items as flight insurance,trip cancellation and interruption, evacuation, medical and baggage insurance. Additional […]

Insurance

What is home insurance

Home insurance is also known as homeowner’s insurance. It provides coverage of a personal accommodation. Within the framework of this insurance a set of losses is covered. They include damage that happens to the home itself, the belongings, the additional living expenses and the liability insurance for events that may occur inside the home or […]

Insurance

What is liability insurance

The essence of liability insurance is the protection of the insured person from paying the losses made to the third parties. Liability insurance is very popular in the USA. Legislation concerning liability is deeply studied by American lawyers. Insurance professionals developed a so-called “doctrine of negligence” that allowed to define the terms used in the […]

Insurance

What is online insurance

Nowadays the opportunities provided by the Internet are widely used by the participants of financial services market. A number of services financial institutions provide through the web is constantly growing. Insurance companies also try to stay in touch with the latest achievements of the technological progress offering a service of online insurance. Online insurance is […]

Insurance

Business risks insurance

Business Risks Definition A guiding principle of any enterprise in a market economy is the desire to obtain a greatest possible profit. However, such desire is limited by the possibility of incurring losses. In other words, the concept of business risk appears when it comes to the market success of the company. Identifying business risks […]

Insurance

Global risks 2019

Global Risks 2019 That May Affect You Even If You’re Operating Nationally A main objective economic trend in the XXI century is the development of globalization in the world. This phenomenon is a characteristic feature of the entire world business system. Globalized economy reinforces old business risks and generates completely new ones. Individual national economies […]