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Which type of insurance is sometimes used to guarantee the payment of mortgage in case the insurance died?
decreasing term insurance...
Which type of insurance is sometimes used to guarantee the payment of a mortgage in case the insured died?
decreasing term insurance...
Which type of insurance contract requires a lumps or periodic payment in exchange for receiving periodic payments from the insurance payment?
Whole Life, Universal Life, as well as Annuities can be used for this purpose.
Which type of insurance contract requires a lump-sum or periodic payment in exchange for receiving periodic payments from the insurance payment?
Whole Life, Universal Life, as well as Annuities can be used for this purpose.
What is it called when a bill is submitted to insurance company for payment?
The term usually used is a "claim".
What kind of payment system used in Cambodia like RTGS and NEFT in India?
The payment system used in Cambodia like RTGS and NEFT in India is Patent Tax and Stamps.
What is voucher system of accounting?
Voucher system is used for the payment of bills properly, is called voucher system.
Use of computer in insurance?
Computers are used in the insurance business to keep record of claims and payment of premiums. They are also used to send images of damaged property by email.
What does the insurance term 'adjustment' mean?
The word "adjustment" when used in the context of insurance means:The monetary amount an insurance "adjuster" has determined is the appropriate payment to be made to an insured person for a claim that is covered under the insurance policy.
What is meant by diplomatic system of payment?
Diplomatic system of payment is intended to refer to a delivery of payment where neither party sees sensitive billing information. However, this phrase is often used to conduct scams online, and should be scrutinized carefully.
Is there a credit check on dental insurance?
Most of the time there is. I used to work for an insurance company. Unfortunately, the weaker the credit score, the more they have to pay. Some client that could not afford such a payment
Calvins current monthly mortgage payment is 1580 Thirty percent of the payment is put into an escrow account to pay taxes and insurance The rest of the money is used to pay his adjustable rate mortgag?
30 %of his payment that goes towards taxes and insurance is 474.00 so that leaves 1106.00 so 1106.00 x 6.5% = 71.89 dollars add 71.89 to 1106.00 = 1177.89 his new payment is 1177.89
