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Asset and liability management (often abbreviated ALM) is the practice of managing financial risks that arise due to mismatches between the assets and liabilities as part of an investment strategy in financial accounting . ALM sits between risk management and strategic planning. It is focused on a long-term perspective rather than mitigating ...
GAP coverage is mainly used on new and used small vehicles (cars and trucks) and heavy trucks. Some financing companies and lease contracts require it. GAP insurance covers the amount on a loan that is the difference between the amount owed and the amount covered by another insurance policy. Some GAP policies also cover the deductible.
Excessive talking. Being easily distracted. Interrupting people and putting oneself in situations one hasn’t been invited into. Physical restlessness and fidgeting. Racing thoughts. Trouble ...
Examples. At Lloyd's of London, Personal Stop Loss (PSL) is a type of insurance policy which limits the losses of names all of whom did (and some of whom still do) underwrite with unlimited liability. Provided that the PSL responds to the claims made on it, the unlimited liability thereby becomes to some extent limited.
Speaker Kevin McCarthy (R-Calif.), facing a tricky path to passing government funding bills in the face of pressure from the GOP’s right flank to cut spending, is signaling that lawmakers will ...
Professional liability insurance. Professional liability insurance ( PLI ), also called professional indemnity insurance ( PII) but more commonly known as errors & omissions ( E&O) in the US, is a form of liability insurance which helps protect professional advising, consulting, and service-providing individuals and companies from bearing the ...
The Medicare Part D coverage gap (informally known as the Medicare donut hole) was a period of consumer payments for prescription medication costs that lay between the initial coverage limit and the catastrophic coverage threshold when the consumer was a member of a Medicare Part D prescription-drug program administered by the United States federal government.
Stop-loss policy. In the United States military, stop-loss is the involuntary extension of a service member's active duty service under the enlistment contract in order to retain them beyond their initial end of term of service (ETS) date and up to their contractually agreed end of active obligated service (EAOS).
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