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is insurance premiums for fire insurance an example of variable cost?

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15y ago

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How has the cost of medical insurance changed over time?

According to a July 2012 article on the website CNNMoney, the cost of medical health insurance has been increasing over time. Health care premiums have been increasing at a rate greater than that of inflation. In 2011 for example, premiums increased by 8% for individuals and 9% for family coverage.


Does the cost of life insurance premiums depend on your age?

Yes, the cost of life insurance premiums can depend on your age. Generally, the younger you are when you apply for life insurance, the lower your premiums will be. This is because younger people are considered to be at lower risk of death and thus pose less of a financial liability to the insurance company. Age is one of the factors that insurers use to determine premiums, along with other factors such as your health, lifestyle, and coverage amount.


How much does usaa insurance cost?

The price of USAA insurance will depend on various factors like your status in life, financial history and your needs. For example if you are a young healthy person you may not want many premiums and the cost of insurance may be lower; but if you are a couple with children then it may be much higher.


What are cost associated with a life insurance policy?

periodic premiums, which unlike investments can't be withdrawn


Does life insurance amount depreciate as you get older?

No, the amount of life insurance coverage typically remains the same throughout the policy term, as long as premiums are paid. However, the cost of life insurance premiums may increase as you get older.


How much is truck driving insurance?

If you are asking about insurance for driving a commerical truck like a Freightliner, for example: The limit of liability insurance typically required is $1,000,000. If you have a perfect driving record, expect this liability insurance to cost in the range of $700 per month. If you have one speeding ticket, for example, expect this to cost in the range of $900-$1000 per month. Premiums will be higher in some states.


Is the cost of medical insurance deductible?

Yes. Health insurance premiums are tax deductible to an individual under IRC Section 213(d).


What does cost variable mean?

Variable cost is the cost which varies as variation in production units For example if 10 units produce variable cost = 100 if 100 units produce variable cost =1000 so per unit variable cost = 10


What are Employee wages are an example of?

variable cost


Who pays insurance cost when the person you hit isn't the owner of the vehicle?

The costs or premiums could be paid by anyone.


What is the average home insurance cost?

Premiums for home insurance varies widely from state to state. It depends on the amount of coverage. However, for basic coverage, the cost will start at about $75 per month.


When it comes to life insurance premium refers to what?

-Total cost of insurance coverage. You are to consider all the insurance policies you are having on your life,total the premiums for payment on the pre fixed mode