Daune

Introduction to Valued Policy Law (VPL) Definition.



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Valued policy law (VPL) is a law that provides that, in the event of a total loss of property insured under a policy, the insurer will pay the policyholder the face value of the policy, regardless of the actual value of the property. In order to collect under a VPL, the policyholder must prove that … Read more

What is the Gross National Savings?



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When we talk about Gross National Savings (ANB) it refers to the total savings that exist in a country. Said savings can be invested in himself or in the rest of the world, and they exist: both public savings and private savings. The former refer to the savings of public administrations or the State, while … Read more