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FINLEXICON

Your Financial
Dictionary

Make sense of the financial terms you read, hear, and use every day.

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About FinLexicon

Build Financial Confidence, One Term at a Time.

FinLexicon is your financial dictionary, bringing terms from everyday banking to investing together in one organised place. Find clear meanings and practical examples to help you understand what you read and hear.

Simple Explanations

Understand each term in clear, everyday language.

Practical Examples

See how financial concepts relate to real situations.

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Insurance

Insurance products, premiums, claims, underwriting, policy terms, and actuarial ideas.

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Insurance

Exclusions

Exclusions are specific situations, risks, losses, or conditions that an insurance policy does not cover.

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Simple
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Insurance

Health Insurance

Health insurance helps cover eligible medical expenses, reducing the financial burden of hospitalisation, treatment, and certain healthcare costs.

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Simple
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Insurance

Term Life Insurance

Term life insurance provides life cover for a fixed period and pays a benefit to the nominee if the insured person dies during that term.

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Simple
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Insurance

Waiting Period

A waiting period is a specified time during which certain insurance benefits or claims are not yet covered after a policy begins.

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Simple
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