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That person is called an actuary.

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Q: What is the term used for the insurance worker who calculates the statistics?
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What does the term actuaries actually mean?

The term actuaries refers to a person who calculates the insurance risks and and premiums. They have to judge the risks regarding life insurance to work out the premiums they should give to that person or company.


Diffenance in commercial and non commercial insurance?

Commercial Insurance is for a business. (general liability, worker's comp, etc.) The term "non-commercial" insurance isn't generally used. There is commercial insurance and personal insurance (i.e. homeowners, personal auto)


What does the term vital statistics refer to in statistics?

Births and Deaths


What is Mackoul and Associates Inc Insurance Company?

Mackoul & Associates, Inc. specializes in the insurance of Cooperatives and Condominiums. Other insurance offered includes Commercial Insurance, Business Auto Insurance, Error & Omissions Liability, Business Life Insurance, Insurance for Small Business Owners, Worker Compensation and Short Term Disability, as well as Group Health Insurance. Personal Insurance offered includes Automobile, Coop/Condo Owners, Personal Umbrella, Watercraft, Disability Insurance, Homeowners Insurance, Renter's Insurance, Floater's Insurance, Life Insurance and Long Term Care Insurance.


What is the difference between renewable term insurance and regular term insurance?

Renewable term allows you to renew at the end of the term. Regular term insurance does not guarantee you that right.


Can you cancel a term life insurance policy?

Yes. Term insurance is like renting insurance.


Does Prudential Life Insurance offer term life?

Prudential Life Insurance offers several different type of life insurance, including term life insurance. They offer complete term insurance or supplemental term insurance that can be added on top of any other insurance you may have.


Does all life insurance have no physical term?

No, term life insurance has a term, hence the name.


How can one get long term health insurance in the US?

One can get long term health insurance in the United States from LTC Insurance and AARP Medical Insurance. One can also get long term insurance from Long Term Care and Kaiser Permanente.


Which type of term insurance is often called mortgage insurance?

term plus


What exactly is term insurance?

Term insurance is an insurance you get for a specific amount of time. It is only for a certain amount of time. For instance, term insurance can be an insurance coverage for 6 months, 2 years, or 5 weeks.


How many years is a typical term for term life insurance?

Most insurance company provide term life insurance in five year increments.