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Q: What is the term that describes the amount you pay to have insurance each month?
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What term describes the amount you pay to have insurance each month?

Premium


What term describes the amount you pay on each insurance claim you have?

deductible


What is a car insurance premium?

A car insurance premium is the amount of money paid to an insurance company for a 6 month period. It is cheaper to pay the full premium that pay each month.


What describes a financial product offered by insurance companies that in return for an investment provides fixed payments each month for the remainder of a person's life?

Lifetime annuity


What exactly does a cheap medical insurance mean?

A cheap medical insurance simply allows the person to have a small blanket of security if a large medical emergency occurs while paying a minimum amount for the insurance each month.


What exactly are car insurance rates?

Car insurance rates are the amount you have to pay each month. If you are a new driver, then your rates will be high. So you pay more. Contact your local agent for more info.


How much money is a mortgage each month?

The amount of mortgage each month will depend on the amount of money borrowed, the duration and APR interest on the amount. You will need these figures to calculate the amount


What are the most affordable rates for life insurance coverage?

The cost of life insurance depends on the status of health of the insured as well as his/her age, occupation, location, and even hobbies. Another factor is the amount of insurance that is being bought. Generally, rates for life insurance can be as low as $10 per month or as high as hundreds of dollars each month depending on the factors stated above.


How do you calculate month to month growth?

Measure the amount of growth, and or watch how much it grows each month


what- Randall and Anita are two salespeople who work on commission. For each item they sell, they earn a little extra money each month?

y= 25x +3,100


What is a Life insurance average payout?

100% of the amount of the policy...each of which are purchased for a specific amount, or amount of payout.


What is family medical insurance?

Family medical insurance is a medical insurance policy thast covers you and your family members under one policy. Everyone covered on the policy has a specific monthly premium that is billed as one dollar amount. For instance, you may pay $100.00 per month, your wife $125.00 per month, your son $75.00 per month, and you daughter $85.00 per month. The bill for the family medical insurance would cost the total of $385.00 per month. As long as everyone is under one plan, the plan will pay the same for each individual person.