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Why is financial institution considered as the life of your economy?
Wiki User
∙ 10y ago
because with out the power of finance we can't run the business or shall we say economy can't run with out money with out finance.
Wiki User
∙ 10y ago
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What is life Assurance policy as a security?
You can get loan by mortgaging your life insurance policy as security or lien from bank or financial institution. The policy has to be assigned in their favor. Once you repay the loan with interest, the policy will reassigned in your favor.
What is a Good financial system?
the financial system plays a very vital role in the economy and society. it holds the funds for investment, business and development. to the poor countries, money is the life-blood of the economy. and yet it is very scarce and very precious. most of it comes from foreign investments and foreign loans. the Central Bank which is the leader of the financial system has been entrusted with the very great responsibility of promoting monetary stability and economic growth for the whole country.
What is the symbol for Sun Life Financial Inc in the NYSE?
The symbol for Sun Life Financial Inc. in the NYSE is: SLF.
Where can one find information about mortgage life assurance?
Information about mortgage life assurance can be found at TD Canada Trust, Sun Life Financial, PC Financial, ManuLife Financial, CIBC, Kanetix and Canadian Capitalist.
What is policy lean FOR LIFE INSurance?
By policy lien in life insurance, you can get loan from your bank, post office or financial institution authorised to accept. In fact, it's some sort of mortgage, against the loan or credit to be provided to you. The policy bond will be kept deposited with the authority till the loan is repaid in full with interest.
Is financial crisis considered a crime?
If you had a part in causing the financial crisis you will likely be considered a criminal- especially if life saving were lost- whether intended by you or not!
What is the function of the financial sector?
the functions of the financial sector are to reduce risk in economic life by providing insurance protection, to assist the government in stabilising the economy , to create mechanisms for payments for goods and services
Should a Charitable institution seek profit?
A Charitable institution needs to be able to fund its operations in the face of variable income and occasional hard times. To do that it needs to accumulate a financial reserve and that requires taking in a bit more than it sends out. It may not be called a "profit" but it performs the same function in the financial life of the institution. The primary difference between this and a truly for profit institution is that besides salaries no individual or group of shareholders owns that extra and it stays under the control of the management.
What does Citigroup specialize in?
Citigroup is a financial institution specializing in financial services, especially loaning money to others. Citigroup also specializes in clean technology, consumer goods and services, healthcare, life science, media, mining, and technology.
What is life Assurance policy as a security?
You can get loan by mortgaging your life insurance policy as security or lien from bank or financial institution. The policy has to be assigned in their favor. Once you repay the loan with interest, the policy will reassigned in your favor.
What is the population of Sun Life Financial?
Sun Life Financial's population is 156,580.
What is Sun Life Financial's population?
Sun Life Financial's population is 2,011.
When was Sun Life Financial created?
Sun Life Financial was created in 1865.
When did Canada Life Financial end?
Canada Life Financial ended in 2003.
When was Canada Life Financial created?
Canada Life Financial was created in 1847.
What is genworth and why is it relavent?
Genworth Financial is a financial services company providing insurance and wealth management products. It is relevant because it offers insurance solutions for long-term care, mortgage insurance, and life insurance, which are valuable for individuals looking to protect their financial well-being and assets.
What services does Desjardins Insurance offer?
Desjardins Insurance offers individuals life, health, auto, and home insurance. One can combine or create an insurance policy suited to their needs. It is a division of the Desjardins financial institution.
