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it is in practice of the insurance companies ,if a policy is renewed with same company , it grants a reduction in premium at the prescribed rate if the insured has not made any claim during the previous year . such reduction of premium in bonus
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∙ 12y ago
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What is the effect of a bonus issue on the share capital and share premium account?
Bonus shares increases the share capital while reduces the share premium account because amount of share premium is used to issue bonus shares.
What is no claim bonus in health insurance?
When you do not claim on your health insurance during a particular year, the insurance company provides you with a no claim bonus. This increases your sum insured at the same premium or reduces your premium while maintaining the same sum insured - depending on the no-claim bonus feature offered by the chosen insurer. Sometimes, this bonus also comes as a discount on your premium at renewal.
If involved in accident but not my fault will it effect my no claims bonus and insurance premium?
Yes
Is shree premium is asset or liability?
Share premium is a liability to the company. It is used to write off preliminary expenses and is used to issue bonus shares etc.
What is a buyer's premium?
A buyer's premium is a bonus paid by a buyer in addition to normal payments or cost, usually made to an auctioneer or merchandise club to cover administrative costs.
What is a Buyer's Premium?
A buyer's premium is a bonus paid by a buyer in addition to normal payments or cost, usually made to an auctioneer or merchandise club to cover administrative costs.
What is buyers premium?
A buyer's premium is a bonus paid by a buyer in addition to normal payments or cost, usually made to an auctioneer or merchandise club to cover administrative costs.
What is Ver2 vodka?
Ver2 Vodka is the UK's first premium vodka infused with Caffeine and Guarana. Ver2 tastes like a smooth premium vodka, the bonus is the added energy !
What are the advantages of a share premium?
The most obvious is a reduction of the cost of your premium. Depending om how U decide to divide the premium , you could end Up paying up to 99.99% less than an individual member is now paying .
What are the types of promoters?
Coupon Prize Promotion Bundling Price Down Free Sample Premium Bonus packs
Can a car insurance company refuse to give you your no claims bonus because you owe them money?
Absolutely. Would you pay someone who owed you money. The no claims bonus is a gimmick anyway. Allstate advertises the refund of premium bonus if you don't have any claims. However, in order to get this bonus check you have to purchase an endorsement that costs you as much as the bonus could possibly be.
What is a synonym for the word bonus?
extra, prize, gift, reward, premium, dividend, advantage, gain, asset, icing on the cake
