What is KYC Policy? Know Your Customer (KYC) is a standard in the finance industry that ensures investment advisors, banks, and other financial institutions verify the identity, suitability, and risks involved with maintaining a business relationship with their...
financial institutions
What happens to life insurance with no beneficiary?
Many of us take out life insurance, wishing to protect our loved ones if we die. It’s not uncommon for people to have even multiple life insurances. While this might sound strange at first glance, the case for this is quite straightforward. You take out your first...
What happens to your crypto if you die
What is crypto Cryptocurrencies have been around for more than a decade now and it’s clear they’re here to stay. Without getting into too much detail on the history of cryptocurrency and the different types there are - you can read more on both topics and more in our...
5 Insurance Industry Trends For 2022 And Beyond
Financial literacy has taken significant strides following the economic crunch that the COVID19 pandemic brought on markets and households. In addition, after many people lost jobs, businesses, and even lives due to the virus outbreak, people are starting to realize...