OMG! DreamStreet! :) I loved these guys, they were my One Direction . . . haha, no one can replace BSB in my heart, but there's a very special place for Jesse McCartney, even 10 plus years later!!!!! :)
GIC stands for for Guaranteed Investment Certificate. It is a way for the bank to raise money so they can lend it out to you as a personal loan, mortgage, or credit card. You'll notice that the rate the bank pays you is always lower than the rate they charge you when you need money.
LOC is a Letter of Credit/Authorization letter issued by TPA to Network Hospital to offer credit facility to the Insured based on medical admissibility and Policy terms and conditions. It also specifies that any non-medical expenses should be collected from the Patient at the time of discharge.