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Q: What benefits did Gore Mutual enjoy by working with Symbility rather than going it on their own?
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What is the definition of reinvestment?

ReinvestmentUsing dividends, interest and capital gains earned in an investment or mutual fund to purchase additional shares or units, rather than receiving the distributions in cash.Viper1


Why own a mutual fund rather than individual stocks?

Diversity. The point of a mutual fund is to spread out your risk. If you buy $10,000 worth of shares of an individual stock, and that company goes bankrupt, you lose the entire amount. If you buy $10,000 worth of shares in a mutual fund, it will be invested in a variety of different companies, so if one goes bankrupt your shares in the mutual fund might still be worth say $9900, depending on how much the mutual fund had invested in that particular company. Investing in a mutual fund consists largely of choosing one. Once you've done that, that's pretty much it: the fund manager will take care of all the buying and selling details. If you invest in individual stocks, you will need to manage your own portfolio. If you're shrewd (or lucky), you may be able to do better managing your portfolio yourself, but you'll probably have to do more work in order to do so.


What are the benefits of using HSBC premier banking?

The benefits include a low monthly APR, zero annual fees, and unlimited rewards. The only drawback to having a premier banking account is the extra money associated with having a premier account rather than a regular account.


Is online banking tangible or intangible service?

Banking products are all services as they could not be touched, but rather the benefits could be felt, thus the on-lie products are intangible products


Life insurance dividend options?

Some life insurance companies, organized in a mutual structure (rather than a stock structure) declare and issue dividends. By way of background, mutual insurers are owned by their policyholders, whereas stock insurers are owned by their shareholders. One does not need to be an insured to own the stock of a stock insurer, but by definition, one does need to be an insured of a mutual insurer to own a "piece" of it. When the directors of a mutual company deem it financially appropriate to do so, they may declaure a dividend. It will be payable to persons who owned policies as of a date certain. \When application for the policy is made, the prospective insured is given the choice of accepting future declared dividends in cash, by reduction in future premium(s), or by means of additional paid-up insurance. Depending upon the insurer all, some, or different of these options may be available. The applicant for insurance will initially a dividend option, but it can usually be changed later. Some mutual insurers offer other than life insurance. The word "Mutual" will appear in the formal name of the company or will be otherwise prominently designated.

Related questions

What is the mutual funds ticker symbol for walmart?

Walmart is not a mutual fund, rather it is an individual company. The stock symbol is WMT.


Do wedding planners get health benefits?

Whether or not a person gets health benefits is determined by their individual employer rather than their occupation. If a wedding planner is working for themselves, they will probably have to purchase their own health insurance.


What is the working tax credit used for?

Working tax credit is a benefit awarded by the UK government which is used to supplement the income of people on a low income. This makes it more affordable for some people to work rather than remain on benefits.


Is the selling of insurance by banks a threat for insurers?

Bankassurance is not at all a threat to Insurance Companies. Rather they are joining hands with them to tap their existing clientele base. Though direct contact by Agents is more , banks have of late showing inclination in selling insurance products for mutual benefits.


Is asuna in love with negi?

Asuna and Negi have a close relationship, but their feelings for each other are more of a strong friendship and mutual respect rather than romantic love. Their bond is based on trust, support, and working together as a team to overcome challenges and protect their friends.


The benefits of why people believe in god?

its the matter of benefits rather it is important to all. if Ur true devotee then u must not see benefits. god doesn't accept one who sees benefits in his grace. so don't bother abort benefits just believe him.


What is a Mutual Insurance?

A mutual insurance company is based on the way that the company is formed. Mutual companies are technically owned by the policyholders rather than stockholders. Most of the major mutual insurance companies have changed to being stock based companies. Metropolitan and Prudential are the largest two life insurance companies and both were mutual companies that changed to stock companies in the past few years. The policyholders that were the former owners of the company received shares of stock in exchange for their ownership positions.


What is the good thing working in a small call center rather that working in a big call center?

Promotions are easier to achieve.


What are the benefits of a jumbo mortgage refinance?

There are quite a number of various benefits to a jumbo mortgage refinance rather than other options. Some of the benefits are building equity faster by refinancing and changing the loan program.


Does the affordable health care act take benefits from medicare recepients?

The Affordable Care Act doesn't cut benefits but reduces, or rather limits, spending on Medicare reimbursement to providers. Your benefits won't be touched.


What is meaning of social enterprise?

With social enterprise, an organization applies the principles for human and environmental benefits rather than monetary benefits. Such an organization can be either for profit or nonprofit.


Can Chicago public school teachers receive unemployment benefits?

You can appeal with unemployment, but you need proof that CPS will, with CPS for teachers but they would rather keep the money for benefits.