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What else can I help you with?
What are the characteristics required to be present for a market to be described as efficient market?
kind of efficeint market
What factors do insurance companies take into account when determining rates?
"This depends on what kind of insurance one is looking to buy. For auto insurance they look at things like age, driving record, type of car, engine size, etc. For health insurance they look at medical history, age, credit history, etc. For home insurance they look at the current value of your home."
What does the word 'demutualization' mean?
Demutualization is the process in which a organisation changes from being a customer owned to being shareholder owned. This kind of process could happen to an insurance company.
What type of Term Life insurance has a level premium and a policy limit that goes down over time?
A very common kind of term life insurance is called "level term life insurance". There also exists "decreasing term life insurance". Ordinarily the premium remains the sale but the face value of the insurance decreases over time. This is quite common in the context of mortgages where the amount of coverage is designed to correlate with the amount owing on the mortgage. The object is that upon the death of the insured/borrower, there will be funds available to pay off the mortgage.
What types of services are provided by Markel?
Markel is an insurance provider that specifically caters to retailers in various niche markets. This kind of specialization allows Markel to better match the needs of each individual corporation.
What kind of education is necessary for car insurance agents?
To become an insurance agent, it is recommended that a person take college courses in insurance brokering. Licensing is required to be an insurance agent, and a course of this kind is required for that.
What kind of coverage is required under compulsory insurance laws?
Liability insurance
What kind of Commercial Insurance is required in Detroit, MI?
Business Insurance,Michigan Business and commercial Insurance ,Farm Bureau Insurance of Michigan are required in Detroit ,MI
What kind of car insurance is required in Connecticut?
Bodily Injury Liability of $20,000/$40,000 Limit is required
What kind of insurance should I get for my employees?
At the very least, that required by the laws of your country.
What kind of rental insurance is required in Texas when renting a car?
In Texas, when you are renting a car, it is required that you have both auto insurance, and home owner's insurance. If you submit proof of both, there is no problem with the car rental.
What is meant by the term insurable interest?
"Insurable interest" refers to a situation whereby one derives some kind of benefit from the existence or survival of another object or person. For example, one has insurable interest in one's house or car, but not that of one's distant relatives.
What kind of information is required when going to renew a European health insurance card?
The information that is required for each person renewing a European health insurance card is: their full name, their date of birth and their National Insurance (NHS) number.
What kind of minimum insurance coverage is required by law in ontario for a motor vehicle?
public liability
How much is motobike insurance?
This kind of forum is not the place to get rates for any type of insurance. Far too many factors are required to figure motorcycle insurance or any other type of insurance.
What insurance is required for small business in Texas?
It just depends on what kind of business you are running. Many businesses classes will have a state imposed insurance requirement but "most" will have no insurance requirement by law.
What kind of insurance is required when getting car rentals?
If you want to rent a car, you need to check with your own insurance provider and see if you are covered. If not, you can purchase the insurance from the rental company directly.
