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Bond insurance, also known as "financial guaranty insurance", is a type of insurance whereby an insurance company guarantees scheduled payments of interest and principal on a bond or other security in the event of a payment default by the issuer of the bond or security.
Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States. History [ edit ]
Insurance is a means of protection from financial loss in which, ... Surety bond insurance is a three-party insurance guaranteeing the performance of the principal.
The FDIC insurance limit of $250,000 includes principal and interest. If you deposit $250,000, and it earns $4,000 in interest, you are insured for only $250,000 if your bank fails.
Principal (finance) or principal sum, the original amount of a debt or investment on which interest is calculated Principal (bond), the face value of a bond; Principal Financial Group, a life insurance company
The Principal Introduces Critical Illness Insurance New voluntary benefit to supplement core benefits package DES MOINES, Iowa--(BUSINESS WIRE)-- Those who suffer a serious illness often incur ...
The law of agency is an area of commercial law dealing with a set of contractual, quasi-contractual and non-contractual fiduciary relationships that involve a person, called the agent, who is authorized to act on behalf of another (called the principal) to create legal relations with a third party. [1]
Since the escrow payment is used to pay taxes and insurance, it is referred to as "T&I", while the mortgage payment consisting of principal and interest is called "P&I". The sum total of all elements is then referred to as "PITI", for "Principal, Interest, Tax, and Insurance". Some mortgage companies require customers to maintain an escrow ...