Insurance – Page 6 – itho's internet resources

Bank Deposits: What They Are, How They Work, and Types

By Itho December 16, 2010

[ad_1] What Are Bank Deposits? Bank deposits consist of money placed into banking institutions for safekeeping. These deposits are made into deposit accounts, such as savings accounts, checking accounts,…

Aleatory Contract Definition, Use in Insurance Policies

By Itho December 9, 2010

[ad_1] What Is an Aleatory Contract? An aleatory contract is an agreement whereby the parties involved do not have to perform a particular action until a specific, triggering event occurs. Events are…

Branch Accounting Explained: Definition, Methods, and Benefits

By Itho November 16, 2010

[ad_1] What Is Branch Accounting? Branch accounting involves maintaining separate accounts for each branch or operating location of an organization for greater transparency of transactions, cash flows, and performance. Branch…

Electronic Fund Transfer Act (EFTA): Definition and Requirements

By Itho November 15, 2010

[ad_1] What Is the Electronic Fund Transfer Act (EFTA)? The Electronic Fund Transfer Act (EFTA) is a federal law that protects consumers when they transfer funds electronically, including through the…

Cost-Plus Contract: Definition, Types, and Example

By Itho November 12, 2010

[ad_1] What Is a Cost-Plus Contract? A cost-plus contract is an agreement made between a project owner and a contractor to reimburse the contractor for expenses incurred and to add…

What Is a Chartered Retirement Planning Counselor (CRPC)?

By Itho September 14, 2010

[ad_1] What Is a Chartered Retirement Planning Counselor (CRPC)? Chartered retirement planning counselor (CRPC) is a professional designation awarded by the College for Financial Planning to candidates who successfully complete…