dinocroc109 asked: A 65-year-old woman takes out a $10,000 term life insurance policy. The company charges an annual premium of $500. Estimate the company’s expected profit on such policies if mortality tables indicate that only 2.6% of women age 65 die within a year.
The answer is $240 but I have no idea how to get [...]
raptoro104 asked: I’m about to enact a Term Life policy with my wife as sole beneficiary, no contingency. If we both die in the same incident (plane wreck, car crash, etc) what happens to the money? Does it automatically go to my estate (where I want it) so the will designates its usage? [...]
Tawny asked: Arthur bought a $90,000 life insurance policy at $10.98 for a 20 year term. What will he pay over 20 years for the premium?
Your health insurance premium is $4211 annually. If your employer pays 80% and you are paid monthly, how much is deducted from each monthly check?
a. $16.20
b. $70.18
c. $842.20
d. [...]
completly, deeply, in love baby* asked: 1. An insurance policy is a legal contract between a consumer and an insurance company that provides protection against a financial loss.
A. true
B. false
2. The insurance term for likelihood that you will incur a loss is referred to as:
A. [...]
P B asked: Why would small business owners need life, income replacement, and long term care insurance? I appreciate all informing answers.Caffeinated Content – Members-Only Content for WordPress
Bry asked: 1. At the age of 20, Raquel bought a $25,000, 20-year limited payment policy. Answer the following questions: (a) What is the total amount Raquel will have paid into the policy at the end of 20 years? (b) If death occurs at age 40, will the beneficiary receive more or less than Raquel [...]
Liza asked: The bill that was proposed by Governor Walker is a good thing. This bill is taking away the
collective bargaining rights (with the exception of base wage) of government workers. Before this bill
was brought up government workers had parts of they’re retirement and health insurance paid for.
With this bill, Governor Walker is [...]
rsa asked: So I spent a few hours with this life insurance agent last weekend discussing various options and she gave me lots of term and whole quotes and paperwork to take home. Did the same with an equally helpful agent of another insurance company thereafter. Quotes vary all over the place, so [...]
Rita B asked: not trying to get health insurance changed for elected officials for their terms in office and the rest of their lives. They pay for their insurance and take away the “special” health insurance politicians get and change it to what the majority of America has to use……I am for the politicians paying [...]
DaaaahDaaah asked: Hello. I have a life insurance policy through State Farm (20 year, term) and I just got a much better rate through another company (with AMBest’s highest rating). How does one cancel a life insurance policy? Is it as simple as calling State Farm? Should I expect to have to pay any fees [...]
Life Insurance News