by TheBusinessProfessor | Feb 23, 2025 | Insurance & Risk Management
What is a Financial Risk Manager?Financial risk manager, also known as FRM, is a professional designation that the Global Association of Risk Professionals (GARP) issue. FRM accreditation from GARP is a financial risk professionals premier certification with global...
by TheBusinessProfessor | Feb 23, 2025 | Insurance & Risk Management
What is an Own-Occupation Policy?An own-occupation insurance policy is a type of policy that covers individuals who suffered a disability during the period of employment. When an individual becomes disabled and is unable to carry out the tasks he or she was trained to...
by TheBusinessProfessor | Feb 23, 2025 | Insurance & Risk Management
What is Scenario Analysis?Scenario analysis is a technique used in the analysis of future events by taking other possible outcomes and events into consideration. This analysis can be used in the financial markets to evaluate decisions by considering other alternatives...
by TheBusinessProfessor | Feb 23, 2025 | Insurance & Risk Management
What is Annuitization?Annuitization can be defined as the process of paying a fixed amount of money over time, in incremental payments to a beneficiary or an annuitant. Annuitization extends your annuity investment into a stream of regular payments to the annuity...
by TheBusinessProfessor | Feb 23, 2025 | Insurance & Risk Management
What is Charitable Gift Life Insurance?Charitable gift life insurance is a way of purchasing a life insurance policy and naming a charity as the policy owner or beneficiary. This allows donors to make a substantial future gift to a charity. Donors then arrange to pay...
by TheBusinessProfessor | Feb 23, 2025 | Insurance & Risk Management
What is a Capitated Contract?A capitated contract refers to a health insurance policy that pays a healthcare provider a fixed fee for each patient he or she treats and is under the plan. It is part of an insurance program known as Managed Care Organization (HMO) that...
