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What is the title of a person in an insurance company who calculates the premium?
An Actuary is the person in an insurance company who calculates the premium
What is the capacity of the person in an insurance company that calculates premiums?
An actuary is a highly skilled mathematician. He/she is employed by insurance companies to calculate insurance rates. Rates are the cost of insurance per $1000 of coverage. Premiums derive from rates such that multiplying the rate times the amount of insurance (in thousands of dollars) results in the premium.An actuary calculates insurance rates. A rate is the cost per $1000 of coverage. Therefore, the premium is calculated by multiplying the amount of coverage times the rate. Accordingly, indirectly, an actuary calculates the premium.
Is calculates a verb or an adverb?
verb.
What is a retirement plan calculator?
A retirement calcular takes your current age vs. the age you want to retire, the amount you may already have funded, the rate of interest you expect to draw vs. the amount you want to have at retirement and calculates your annual savings needed to reach that goal.
Calculation of unearned premium?
Unearned Premium = Policy Preimum - (Policy Premium * (No of Days Elapsed / 365))
What is the title of a person in an insurance company who calculates the premium?
An Actuary is the person in an insurance company who calculates the premium
What is the capacity of the person in an insurance company that calculates premiums?
An actuary is a highly skilled mathematician. He/she is employed by insurance companies to calculate insurance rates. Rates are the cost of insurance per $1000 of coverage. Premiums derive from rates such that multiplying the rate times the amount of insurance (in thousands of dollars) results in the premium.An actuary calculates insurance rates. A rate is the cost per $1000 of coverage. Therefore, the premium is calculated by multiplying the amount of coverage times the rate. Accordingly, indirectly, an actuary calculates the premium.
What can be calculated on the Immediate Annuities website?
The Immediate Annuity Calculator calculates the amount of monthly income you will receive in return for a specific Premium. One can also find how much Premium would be necessary in order to receive a specific monthly income amount.
When company issues shares at a premium the amount of premium may be received by the company?
yes,the company can receive the amount of premium.
How does the thermometer tell the temperature?
It absorbs the amount of heat energy, and then calculates its value in meters
What does insurance monthly premium means?
This is the amount of premium that a policyholder pays when he/she has chosen to pay it on a monthly basis. The annual premium is divided by twelve then any billing charge or service fee is added to the amount to get the monthly premium.
What terms is the amount you or your employer pays in exchange for insurance coverage?
It is called a premium.
What is target premium?
Target premium is the amount that the agent's commission is based off of. It is neither the planned premium or minimum premium to keep the policy in force. Sometimes called the "commissionable premium."
What is the amount paid periodically for insurance?
Premium
What does the word premium mean?
Premium is an amount to be paid for an insurance policy or something given as an award.
What is a monthly premium?
the amount which the requried to contunue the insurence on monthly basic is monthly premium(s.s.s)
If forfeiture share is reissued at premium then why security premium is credited?
in case the shares have been issued at a premium and the amount of premium has been received then at the time of forfeiture of such share
