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Get in-depth market research for Insurance companies in Australia, New South Wales, Sydney. Our experts analyze trends, gather valuable insights, and identify key opportunities to drive your business growth.
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A return of premium rider refunds all or part of the premiums paid if the policyholder outlives the policy term. This is commonly found in term life insurance policies and increases overall premium costs.
Blockchain ensures tamper-proof digital rights management by recording ownership, tracking copyright violations, and enabling transparent royalty distribution for artists and creators.
Insurance subrogation is the process where an insurance company, after paying a claim to its policyholder, seeks reimbursement from the responsible third party. This allows the insurer to recover the funds it paid out and prevents the at-fault party from escaping liability.
Some credit cards offer baggage loss coverage if you purchase the trip using the card. However, coverage may have lower limits and stricter conditions compared to standalone travel insurance.
Insurers prefer treaty reinsurance for its predictability, automatic coverage, ease of administration, and ability to handle large volumes of policies efficiently.
A policy lapse occurs when an insurance policy is terminated because the policyholder fails to pay the required premiums within the specified grace period. The policy will no longer be active, and the insurer will not be liable for any claims after the lapse.
ART solutions include instruments like catastrophe bonds, insurance-linked securities (ILS), captives, and parametric insurance, allowing risk transfer beyond traditional reinsurance markets.
In most cases, an ex-spouse loses insurable interest unless they have financial dependency or child support obligations tied to the insured person.
Get in-depth market research for Insurance companies in Australia, New South Wales, Sydney. Our experts analyze trends, gather valuable insights, and identify key opportunities to drive your business growth.