CATASTROPHIC ILLNESS INSURANCE
Insurance protecting the insured in times of indicated major health events for a specific time period. Normally a lump sum, the coverage can be partial or full depending on the holder’s health condition and the policy’s terms. Certain conditions include, but not limited to, cancer, heart attack, long-term hospitalization, and stroke. This can be utilized to supplement a beneficiary’s existing disability and health coverage. Restrictions vary from one individual to another. However, claims will be rejected due to the following: prevailing conditions, not surviving 30 days following the diagnosis, and any critical diagnosis within the initial 90-day period.
POPULAR TERMS
Consolidation
In technical analysis, movement of an asset’s price within a well-defined pattern or barrier of trading levels. In general, it pertains to an ...
Open Market Operations - OMO
It is the buying and selling of securities of the government in the open market to increase the amount of money in the banking system.
Pairs Trade
Pairs trade is said to be the best strategy for stock pickers, as stock is all that matters. What the real market does will not matter. When the ma ...
Forward Start Option
The advance purchase of a put or call option with a strike price that will be determined at a later date, typically when the option becomes active. ...
Disclaimer Trust
A trust that has embedded provisions (usually contained in a will) which allow a surviving spouse to put specific assets under the trust by disclai ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
Buying a Home: Closing the Deal
It’s almost done! With just a few steps away, the house that you have been dreaming of will be yours.
Digesting Financial Statements: Cash Flow
Companies generate money from borrowers and/or borrow money from creditors. Next, firms purchase assets and/or finance projects and programs. Then, ...
A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | ANZ Jobs Advertisements | Apr | |
| 03:30 | Building Approvals | Mar | |
| 09:15 | PMI Manufacturing | Apr | |
| 09:30 | Procure PMI Index | Apr | |
| 09:45 | PMI Manufacturing | Apr | |
| 09:50 | PMI Manufacturing | Apr | |
| 09:55 | PMI Manufacturing | Apr | |
| 10:00 | PMI Manufacturing | Apr | |
| 10:30 | Sentix Investor Confidence | May |
