Abdullah Sam

Insurance against the risk of death, accident, etc. for the insured consists of a homogeneous group of people using one policy.” Financial Fervices Authority What is Group Insurance? Group insurance is an insurance program that provides coverage for a number of people in an insurance contract that has a special relationship with the policyholder. Group insurance means that … Read more

Non-Liquid Assets are assets or assets that are not easily sold in cash, for example loans on the secondary market are limited; however, loans like these can be sold at a discount and a nominal price; included in this sense are assets that are not counted into bank capital, such as real estate obtained by prepayment and … Read more

The principle which states that the guarantor is entitled to repayment for compensation that the guarantor has given to the creditor (principle of subrogation). Financial Fervices Authority What is the Principle of Subrogation? Rules regarding subrogation can be seen in Article 1400 of the Civil Code. In this article subrogation is the substitution of rights by … Read more

A perpetual annuity is a person that lasts continuously within a predetermined period of time. The distance between each payment is the same, like every month, every three months, or every year. In finance, the perpetual annuity is usually used in valuation methodology to determine the value of a company’s cash flow when it is discounted back to a … Read more

Bank Protection Insurance is an insurance product the result of cooperation between an insurance company and a bank . This partnership brings benefits to both parties, banks with additional benefits from the sale of insurance products, as well as insurance companies that get customer expansion without the need to add agents or expand the sales network. Bank Protection Insurance is different … Read more

Credit insurance is protection provided by an insurance party to a commercial bank / financial financing institution for the risk of the debtor’s failure to pay off loans or loans provided by commercial banks / financial financing institutions. Credit Criteria Guaranteed Credit Insurance Credit criteria that can be guaranteed in credit insurance are as follows: Loans are based … Read more