Life insurance is a premium contract where an insurance company (the insurer) promises to pay a sum of money to the dependents of an insured person who is also the policyholder, upon his or her death. Disclaimer: The names used in this post are for illustration, any resemblance is not intentional. Life insurance creates a … Read more
Welcome to the world of healthcare security and peace of mind with Humana Insurance Company! If you’re searching for comprehensive coverage, outstanding customer service, and affordable plans tailored to fit your needs, look no further. Comprehensive Coverage Options Comprehensive coverage options are essential when it comes to health insurance. Humana Insurance Company offers several plans … Read more
Death, accidents, and natural disasters are some of the devastating events that could happen and no one has absolute control over them even after taking all precautions. Of course, they can destabilize one financially and emotionally when they happen. That is why there are various types of insurance policies in the U.K., Australia and other … Read more
Meaning Insurance is a form of risk management whereby two parties sign a legal agreement to cover unforeseen financial losses that a party (insured) may incur and the insurer i.e the insurance company agrees to compensate the insured in the event of a certain loss, injury or damage. In the United States, Germany, and the … Read more
What is a SWIFT Code? A swift code is an 8 or 11-digit code or characters associated with a financial institution for making international transactions. SWIFT code is a standard format for Business Identifier Codes (BIC) which is used to identify banks and financial institutions globally. It says who and where they are — a sort of international bank code … Read more
BitForex, an exchange that used to be one of the leading crypto exchanges, has gone under after allegedly disappearing with at least $57 million in customers’ funds. A few days before the Hong Kong-based exchange’s disappearance, it published on its now inaccessible site that its CEO and co-founder Jason Lou stepped down as CEO. Background On February … Read more
Every year, financial institutions around the world post voluminous profits even when there is poverty or when there has been no significant change in the poverty level. Economically, the fact that financial institutions are making more profits does not translate to poverty reduction. But it is baffling that even when there is hunger, economic difficulties, … Read more
A Tier-1 bank account or level-1 bank account is a type of bank account that can be opened with minimal or no form of documentation. Tier-1 bank accounts can be opened with a passport photograph and phone number. This category of bank account is popular among unbanked nations such as Nigeria to bring them under … Read more
From outright ban to hefty fines worth billions of U.S. dollars, Binance continues to face harsh regulatory challenges around the world, making it difficult to make its services available in the affected locations. The largest cryptocurrency exchange by volume experienced a push back recently in Africa’s largest crypto market, Nigeria, and in the United States, … Read more
The Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana Limited have been suspended for a month over breaches of the country’s foreign exchange regulations. In a statement obtained by infomediang.com, the Bank of Ghana (BOG) says the suspension of the FX trading of the two Nigerian-owned banks is for … Read more