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If the premiums are nontaxable income to you then you would NOT be allowed to take a deduction for the amount of the premiums that your employer has paid for your medical insurance premium's.
Malpractice insurance is usually not provided by Indian insurance companies. US insurance companies do provide malpractice insurance, and they can be found on the internet. For a malpractice insurance of $1 million for one month, a premium of around $ 500 is reasonable. It takes around a month for the whole process of securing the insurance.For more information on clinical electives and malpractice insurance providers,
Yes, it is. Long term care insurance premiums are tax deductible. Premium payments are considered to be medical expenses and they are deductible as long as the medical expenses exceed 7.5% of the individual's income.
Premium diversion is the embezzlement of insurance premiums. It is the most common type of insurance fraud. Generally, an insurance agent fails to send premiums to the underwriter and instead keeps the money for personal use.
An auto insurance premium is how much you are paying to receive coverage from the insurance company. While some companies offer semi-annual premiums, others will offer annual premiums. Each coverage you elect to carry will have their own premium amount. The total premium is found by adding all of these premiums together.
Malpractice insurance can be obtained from many insurance companies. The premium on the policy will vary by field of practice and services rendered. Riskier fields will command a higher premium.
The price one would pay for Health Insurance.
Premiums not yet received by the insurance company. However, to carry the uncollected premiums as an asset on the insurance company's books, the premium must also be due. The due and uncollected premium asset can include premiums that are unpaid for upto 90 days (3 months).
The Medical Compensation is intended to lower medical malpractice liability insurance premium for health care providers. Someone is eligible for medical compensation if they are injured on the job due to the companies negligence.
Insurance premium calculator allows you to calculate how much insurance premiums you'll be paying when you take up a policy. It provide the benefit for the customer to calculate insurance premiums online.
A life insurance premium is the amount of money that is paid, on a periodic basis, to an insurance compasny in return for insurance coverage on a person's life. Provided that premiums are paid as and when due, the insurer is obligated to pay to the beneficiary(ies) the face amount of the policy. The amount of premium payable is determined primarily by the amount of life insurance purchased and the risk factors (age, medical history, etc) of the person to be insured under the policy.
A life insurance premium is the amount of money that is paid, on a periodic basis, to an insurance compasny in return for insurance coverage on a person's life. Provided that premiums are paid as and when due, the insurer is obligated to pay to the beneficiary(ies) the face amount of the policy. The amount of premium payable is determined primarily by the amount of life insurance purchased and the risk factors (age, medical history, etc) of the person to be insured under the policy.