ALM is the practice of managing risks that arise due to mismatches between the assets and liabilities.

The Money market in India is the money market for short-term and long-term funds with maturity ranging from overnight to one year in India including financial instruments that are deemed to be close substitutes
of money

SEF “ Standard Endorsement Form Can be added to an Automobile Insurance policy and serve the purpose of either adding or removing coverage from the policy.

Investment in ULIPs is eligible for tax benefit up to a maximum of Rs A. 5 lacs under Section 80C of the Income Tax Act.

Unit Link Insurance Plan is basically a combination of insurance as well as investment, while mutual funds are a pure investment avenue

Named Perils is a property insurance term referring to policies that provide coverage only for the loss caused by the perils specifically listed as covered.

An automobile insurance is an example of Broad Form Insurance. A customer may require glass insurance as the driver is frequently on the highway and obtains a lot of chips in the front window.