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What is the amount paid periodically for insurance?

Updated: 8/16/2019
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Q: What is the amount paid periodically for insurance?
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What is Amount payable by insurance company for insurance?

This is the amount paid by the insurance company to the doctor. It is the negotiated rate less the amount that you paid in the form of a copay, a coinsurance, or a deductible.


What is the term for the amount you and your employer pay in exchange for insurance coverage?

The amount that is paid for any kind of insurance is called "premiums". The same term applies whether an employee or employer pay for the insurance.


What term refers to the amount you or your employer pays in exchange for insurance coverage?

The premium is the dollar amount paid in exchange for insurance coverage.


Who is supposed to take out the correct amount for unemployment insurance?

No one takes unemployment insurance out of a paycheck. That money for the insurance is paid by the employer, not the employee. The correct amount depends on the size of the company.


When will secondary health insurance not pay?

if primary paid more than allowed amount or if patient has primary insurance


What is meant by paid to estate on insurance claims?

The amount due was paid to the legal representative of the estate of the person who died.


What the amount paid for the coverage under an insurance policy is called?

These are referred to as "premiums".


The amount of money paid to keep an insurance policy is force is the?

basic premium


What are life insurance premiums?

A life insurance premium is the amount of money that is paid, on a periodic basis, to an insurance compasny in return for insurance coverage on a person's life. Provided that premiums are paid as and when due, the insurer is obligated to pay to the beneficiary(ies) the face amount of the policy. The amount of premium payable is determined primarily by the amount of life insurance purchased and the risk factors (age, medical history, etc) of the person to be insured under the policy.


What are insurance premiums?

A life insurance premium is the amount of money that is paid, on a periodic basis, to an insurance compasny in return for insurance coverage on a person's life. Provided that premiums are paid as and when due, the insurer is obligated to pay to the beneficiary(ies) the face amount of the policy. The amount of premium payable is determined primarily by the amount of life insurance purchased and the risk factors (age, medical history, etc) of the person to be insured under the policy.


What are insurance proceeds?

Proceeds are the payments of the benefit. So in other words with Life Insurance it is the death claim amount paid out.


What is tax premium?

The tax amount which is paid on the premiums collected for a particular period by a insurance company which was to be paid to the state government.