Fores have made every effort to keep our website free of jargon, but realise that some expressions might need further explanation. This glossary is intended to help you understand some of the terms used in the insurance, investment and financial services business. A accidental death benefitAn extra payment made under a life insurance policy if death is caused by an accident. The additional amount is usually equal to the face value of the policy.
The opposite of amortisation. achieved profitAchieved profit.
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