Key-man Insurance
Insurance taken by the fund to compensate it for financial losses from the death, incapacity, kidnap or disability of a key executive such as the investment manager, giving investors comfort of orderly dissolution or…
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Written up from the same chapter
Where this is taught
Free preparation for NISM Series XIX-B← All terms