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What does navop mean in an insurance company you think the NA mights stand for net asset or net annuity but you are not sure?
Wiki User
∙ 9y ago
*UPDATE* It is a job position where you enter numbers after they come in from the Stock Market
Wiki User
∙ 9y ago
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Is Prepaid insurance is an asset account?
Prepaid insurance is that amount which is paid in advance for future insurance so until actual insurance facility is availed by company it is an asset of company and if it is for short term or will be availed in current fiscal year then it is current asset otherwise a fixed asset, if some portion is usable in current fiscal year then only that portion will be current asset and remaining will be fixed asset.
Is unexpired insurance an asset?
Yes. Unexpired insurance, or prepaid insurance, represents value to the business since it has utility and is owned by the business (the company has claim to the policy). Therefore by definition, unexpired insurance is an asset.
What happens when a vehicle is totaled and you owe a finance company more than what the insurance company offers?
Auto dealers would normally offer you a Guaranteed Asset Protection plan attached to your amount of the auto. This GAP is technically insurance of your asset, the car for payment of the remaining amount owed the finance company after the regular insurance pays their amount.
What is uncollected premium?
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).
Is prepaid insurance a current asset or fixed asset?
Current Asset
How often is the net asset value of a variable annuity usually marked to market?
Daily
Is life insurance considered equity for a company shareholder?
Corporately owned, cash value life insurance is "real property", and as such is a corporate asset, just like any other corporate asset. Does this constitue "equity"? I think it does. Rjbeeg
Is an owners life insurance an asset or a liability?
Asset.
Is insurance expense an asset or liability?
Prepaid insurance would be an asset. Insurance expense is when the insurance has been used up, thus making it an actual expense on the Income Statement. Whereas Prepaid Insurance on a Balance sheet is classified as an Asset.
That your asset to a company?
tell me how any one asset to the company
What does the company Protective Life do?
The company Protective Life is an insurance company in the United States. The company also provides retirement planning and asset protection plans. There are locations in Alabama, Pennsylvania and Illinois.
What is the meaning of insurance in simple words?
Protection from unexpected ( accidental ) loss of an asset.
