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What are premiums?

Updated: 8/17/2019
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14y ago

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premium are mint bmx bikes :)

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14y ago
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Q: What are premiums?
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Related questions

What is the plural of premium?

the plural for premium is premiums. As in "the premiums are worth it".


Can you deduct insurance premiums on taxes?

Depends on how you paid the premiums. If you paid the premiums on a pretax basis, then you cannot declare the premiums. Many COBRA payments, retiree insurance payments and so on can be deducted.


Is premiums a noun?

Yes the word premiums is a noun. It is the plural of premium.


Can you deduct group insurance premiums on taxes?

Depends on how you paid the premiums. If you paid the premiums on a pretax basis, then you cannot declare the premiums. Many COBRA payments, retiree insurance payments and so on can be deducted.


Is there any life insurance that has single digit premiums?

Life insurance premiums vary by policy. There are few that offer single digit premiums.


Are medical premiums tax deductible?

medicare premiums tax deductable on federal tax form


How do the premiums for The Hartford insurance compare to premiums for other providers?

Buying insurance can be a stressful activity. Comparing premiums is a great start to finding what is the righ company for you. The Hartford has much higher premiums compared to both State Farm and AAA. This is based on car insurance figures.


Can you deduct long term disability insurance premiums on taxes?

No, you cannot deduct premiums paid on disability insurance policies. Two scenarios, first if your employers pays the premiums you would receive the disbursements as taxable income. If you pay your own premiums, then you would receive the disbursements tax free. Either way, you cannot deduct on your individual income tax the premiums paid. Think about it! If your employer paid the premiums, there was no expense to you, hence no deduction!. If you paid the premiums, you do have an expense BUT you are receiving the disbursements tax free and therefore could not take a deduction!


Do Mortgage insurance premiums payments have be escrowed by the lender?

Yes, Mortgage Insurance Premiums Payments do have to be es-crowed by the lender.


Is insurance premiums for fire insurance an example of variable cost?

is insurance premiums for fire insurance an example of variable cost?


Are life insurance premiums taxable?

The money you pay in premiums is taxed. This is how they are able to give you a tax-free death benefit.


Is long term disability income taxable?

It depends on how the premiums for the long-term disability policy are paid. If the premiums are paid with pre-tax dollars (such as through an employer-sponsored plan), then the benefits are generally taxable. However, if you pay the premiums with after-tax dollars, then the benefits are usually not taxable.