10 Highly Important ‘F’ Terms Used in Insurance

Hey no, don’t take this ‘F’ letter wrong here. It’s not what you’re thinking of. Here the ‘F’ is finance.

We know what goes in your mind after reading the letter ‘F’, but here we have come with 10 F’s used in Insurance.

Before we move forward with this, let’s know what insurance is.

Insurance is a means to protect one from financial loss. However, as simple as the definition is, insurance policy documents are littered with incomprehensible terms that often leave people confused and intimidated. If you are a policyholder or may buy a policy in the near future, it is necessary for you to know very important ten insurance terms.

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