0
What else can I help you with?
What is the Premium calculation formula for insurance Read more?
30%
What is the formula for insurance premium calculation?
The formula for calculating insurance premium uses the DRF and the 6-month basic rate. It is:p = 2rbwhere p is the annual premium, r is the DRF, and b is the 6-month basic rate.
Where can one find premium insurance?
When you are on the hunt for premium insurance, where to look will depend on the type of insurance you need. If you want premium health insurance you should look for companies like United Health or Wellpoint. If you are in the market for premium life insurance you should try companies like American General, or Allstate.
What is the average premium for general liability insurance for a concert promoter?
The average premium or general liability insurance for a concert promoter depends on many factors. The figure ranges between $1000 and $2000.
The yearly base premium for wally's automobile insurance is 197.60 If his drive-rating factor is 3.7 how much is his yearly premium?
To calculate Wally's yearly premium, multiply the base premium by the drive-rating factor. So, the calculation would be (197.60 \times 3.7 = 730.12). Therefore, Wally's yearly premium is $730.12.
What is the average home insurance premium cost?
$450-$1500 question to general to answer. if you in that range ur fine.
What does insurance premium mean?
The premium is the cost that you must pay to have the insurance.
Calculation of unearned premium?
Unearned Premium = Policy Preimum - (Policy Premium * (No of Days Elapsed / 365))
How Life insurance 50000 Cost per unit 15.90 Annual premium How do you solve this?
To find the annual premium for life insurance, multiply the cost per unit by the number of units. In this case, if the cost per unit is $15.90 and you have 50,000 units, the calculation would be 50,000 units * $15.90/unit = $795,000. Therefore, the total annual premium is $795,000.
If you was on your dads insurance as a named driver does in affect their premium if you have an accident?
Yes, the general idea of insurance is that your rates go up when you cause an accident and they are forced to pay out.
Which of these will not cause your insurance premium to be higher?
Having a high deductible will not cause your insurance premium to be higher.
What is the journal entry for payments of insurance premium?
debit insurance premium expensecredit cash / bank
