search result for "Amount of insurance"

The so-called insurance amount refers to the maximum amount of liability of the insurance company for compensation or payment of insurance benefits under an insurance contract, that is, the amount of insurance policy-keeping for the subject matter of the insurance

Most lenders want to get a higher amount when applying for a loan, so what should the borrower do to get a higher amount? .

It is to re-evaluate the collateral before lending. If the re-evaluation value is higher than before, you can get a larger loan. However, the loan amount of the collateral can only reach 70% of the reassessed value, that is, the value of the collateral is 1 million, and the maximum loan amount is 700,000.

Early repayment is the portion of the amount paid by the borrower in excess of the monthly debt service.

Purchase protection simply means that the bank will provide you with a certain amount of money to compensate you if your purchases are stolen or damaged within a specific period of time.

Credit cards have interest. If the statement balance is not paid by the payment due date, the bank will charge a certain amount of interest on the remaining statement balance.

Credit cards have interest. If the statement balance is not paid by the payment due date, the bank will charge a certain amount of interest on the remaining statement balance.

Additional insurance is the scope of insurance liability attached to the main insurance category of maritime transport insurance.

When you receive an unsecured personal loan, the loan is only supported by the overall creditworthiness of the borrower. This means that there is no collateral required to secure the amount of the loan.

A personal loan is an amount of money loaned to an individual typically without any collateral. Though some lenders do require collateral depending on your credit situation.