SCHEDULED PERSONAL PROPERTY
Scheduled Personal Property is an added coverage that goes beyond the standard coverage provided by a homeowners’ insurance policy. The purpose of scheduled personal property is to protect out-of-the-ordinary items that require a separate insurance policy to fully cover the value in case of a claim be made. For this specific added coverage, every item that the insured wants to be added separately to the schedule must be aware of the more-often-than-not added premiums.
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Tit for Tat
Game theory mechanism subject to a payoff matrix similar to a prisoner’s dilemma. Anchored on the concepts of retaliation and altruism, this ...
Nonsegregated Disclosures
Information that must be presented legally anywhere in a lease agreement. These are required by the Federal Reserve Board Regulation M. The lease a ...
Product Line
A series of related products which are all made or manufactured by the same company.
Behavioral Economics
The scientific study on how the mind thinks and how each person reacts as it relates to the process of decision making in economics of individuals ...
Infant-Industry Theory
A theory stating the emerging domestic industries must be protected against foreign competition until they become established and mature. In econom ...
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Buying a Home: Getting Pre-Approved for a Mortgage
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