Resurrection Financial
Resurrection Financial
Resurrection Financial
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Requirements of an insurance contract
* Insurable interest
o The insured must derive a real financial gain from that which he is insuring, or stand to lose if it is destroyed or lost.
o The item must belong to the insured.
o One person may take out insurance on the life of another if the second party owes the first money.
o Must be some person or item which can, legally, be insured.
o The insured must have a legal claim to that which he is insuring.
* Good faith
o Uberrimae fidei refers to absolute honesty and must characterise the dealings of both the insurer and the insured.
Related professional qualifications
There are several related professional qualifications in finance, that can lead to the field:
* Accountancy:
o Qualified accountant: Chartered Accountant (ACA - UK certification / CA - certification in Commonwealth countries), Chartered Certified Accountant (ACCA, UK certification), Certified Public Accountant (CPA, US certification),ACMA/FCMA ( Associate/Fellow Chartered Management Accountant) from Chartered Institute of Management Accountant(CIMA) ,UK.
o Non-statutory qualifications: Chartered Cost Accountant CCA Designation from AAFM
* Business qualifications: Master of Business Administration (MBA), Bachelor of Business Management (BBM), Master of Commerce (M.Comm), Master of Science in Management (MSM), Doctor of Business Administration (DBA)
* Generalist Finance qualifications:
o Degrees: Masters degree in Finance (MSF), Master of Financial Economics, Master of Finance & Control (MFC), Master Financial Manager (MFM), Master of Financial Administration (MFA)
o Certifications: Chartered Financial Analyst (CFA), Certified International Investment Analyst (CIIA), Association of Corporate Treasurers (ACT), Certified Market Analyst (CMA/FAD) Dual Designation, Corporate Finance Qualification (CF)
* Quantitative Finance qualifications: Master of Science in Financial Engineering (MSFE), Master of Quantitative Finance (MQF), Master of Computational Finance (MCF), Master of Financial Mathematics (MFM), Certificate in Quantitative Finance (CQF).
Resurrection Financial Management:Banking services
The primary operations of banks include:
* Keeping money safe while also allowing withdrawals when needed
* Issuance of checkbooks so that bills can be paid and other kinds of payments can be delivered by post
* Provide personal loans, commercial loans, and mortgage loans (typically loans to purchase a home, property or business)
* Issuance of credit cards and processing of credit card transactions and billing
* Issuance of debit cards for use as a substitute for checks
* Allow financial transactions at branches or by using Automatic Teller Machines (ATMs)
* Provide wire transfers of funds and Electronic fund transfers between banks
* Facilitation of standing orders and direct debits, so payments for bills can be made automatically
* Provide overdraft agreements for the temporary advancement of the Bank's own money to meet monthly spending commitments of a customer in their current account.
* Provide Charge card advances of the Bank's own money for customers wishing to settle credit advances monthly.
* Provide a check guaranteed by the Bank itself and prepaid by the customer, such as a cashier's check or certified check.
* Notary service for financial and other documents
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