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Investments glossary

Wrap-Around Insurance Program

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Quotes of the day:

By recurrently changing the horizon, things can be perceived from another angle and the perspectives of life can be reoriented in a captivating way. If not, the squeaking wheel of our mind will suffer from lack of oil and our vision of the world gets rusted.

— Erik Pevernagie

A wrap-around insurance program provides punitive damages insurance for employment practices liability claims. A punitive damage is awarded to a plaintiff to punish a defendant and deter them from committing future punitive actions.


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