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Dividends are paid only by mutual insurance companies, not by stock insurance companies. All insurance companies are required by the state regulatory authorities where they do business to maintain statutory reserves to ensure that there is sufficient money on hand to pay expected losses. Therefore, dividends cannot be paid from reserves. Instead, they are generally paid by earnings on the investments made by the mutual insurer.
What else can I help you with?
How can I find cheap car insurance in Delaware?
There are several which include, www.bestquotes.com. This is a great source for online insurance policy information.
Are driveways non recoverable depreciation?
Just depends on the policy type, language and exclusions on your policy. Your Insurance Agent will be the best source for answers to coverage questions on your policy.
What is the average life insurance face amount?
In 2002, the average new individual life insurance policy was $129,459. Source: American Council of Life Insurers
Does liability insurance cover punitive damages?
The best source of information would be your insurance agent. Not all policies are the same. But generally you can have coverage for punitive damages if you select the option when you purchased your policy. The cheaper the policy, typically the less the coverage.
What source does Capital Markets provide returns to shareholders?
dividends
When do you have to get insurance on a new car if you already have insurance?
It depends upon the terms of the policy. It can be anywhere between 10-30 days. The insurance agent from whom you bought the auto insurance, or customer service at the insurer is the best source of information.
What are some important factors to consider when reading life insurance articles?
When reading life insurance articles, it is important to consider the credibility of the source, the terms and conditions of the policy being discussed, the coverage and benefits offered, the cost of the policy, and how it aligns with your financial goals and needs.
Will your insurance pay if a non-licensed driver was driving a vehicle under your policy and was involved in an accident?
It basically just depend son your insurance policy. If you have standard policy and the driver was not excluded then you likely have coverage, if you purchased a more economical but limited policy, (AKA Named Driver policy) then it may not be covered. Best advise is to simply contact your insurer to ask if the non-licensed driver will be covered or not.
What is the cash surrender value of a term life insurance policy?
There is no cash surrender value since the policy pays only on death. Source: http://www.my-life-insured.com/term-vs-whole.htm
Do Convertible bonds pay dividends?
Convertible bonds do not pay dividends; instead, they typically pay interest, which is a fixed return to investors. These bonds can be converted into a predetermined number of shares of the issuing company's stock, allowing bondholders to benefit from potential appreciation in the company's equity. While common stocks may pay dividends, the interest from convertible bonds is generally considered a more stable income source.
What is a payable on death clause?
On your death, however you may die, any money due you from an insurance policy, or other source, is immediatley payable to your estate.
How do I find Hill Country Cancer Insurance company?
There exists a Hill County Insurance Agency in Wimberly, TX. From its website, it appears to sell health insurance of various sorts and to design health insurance plans. This is what you may be looking for. An insurance agency is not the same as an insurance company. This is a source of confusion for many people. An insurance agenct might best be thought of as a "retailer" of insurance policies--that is, it sells policies, issued by insurance companies, to members of the public. In contrast, an insurance company is the entity that issues the policy and bears the risk of financial loss if there is a loss that is covered under the policy.
