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If death occurs on a Term Life policy is the remaining payment amount deducted from what it is written for?
No
No is correct. Let's look at it this way. Suppose today you buy a term policy for $100,000 and pay the full years premium up front of $300. Exactly 6 months to the date of issue you die, your beneficiary would receive $100,150 which is inclusive of the $100,000 death benefit plus $150 (1/2 years premium) of un-earned premium. WOrks the other way when you are paying monthly or...paying your premiums generally one month in advance or, the insurance company is collecting as earned. 4lifeguild
What else can I help you with?
What is the charge date for this transaction?
The charge date for this transaction is the date when the payment was made or the amount was deducted from the account.
How can you lower the principal owed on your mortgage?
You can reduce the principal by making extra payments toward the principal each payment cycle. Ask your lender how best to do it and make certain the amount is deducted from the principal.You can reduce the principal by making extra payments toward the principal each payment cycle. Ask your lender how best to do it and make certain the amount is deducted from the principal.You can reduce the principal by making extra payments toward the principal each payment cycle. Ask your lender how best to do it and make certain the amount is deducted from the principal.You can reduce the principal by making extra payments toward the principal each payment cycle. Ask your lender how best to do it and make certain the amount is deducted from the principal.
Can child support be deducted from social security disability insurance?
Only arrears. Child Support payments should be adjusted to match what amount already being paid the residential parent by SSD, which is not deducted from the main payment.
What is deducted amount?
what is the amount dedution for my medicare
What is money down and is it included in the loan amount?
money down is the down payment towards a loan. It is deducted from the total debt, or principle before interest is applied.
What happens if you can't pay any remaining balance on a repossessed car and do not have a job?
The car will be sold at auction. Whatever it sells for at auction will be deducted from the balance remaining. The credit company may initially offer to accept a reduced amount on the balance, but, if you're unable to pay that, they will turn it over to collections for the full amount of the balance remaining.
What is the maximum amount of property tax that can be deducted in California?
The maximum amount of property tax that can be deducted in California is 10,000 per year.
What does the word deductible mean?
Nothing, it is not a word in English.Deductible is. It means an amount removed from the principle sum. It can also mean the amount you have to pay on an insurance claim
What is the meaning of net of regarding contributions for tax purposes?
Net = Amount after tax is deducted (Amount minus tax) Gross = Amount before any tax is deducted
Can treasury take out money out of ssi disability without direct deposit?
The question is somewhat unclear -BUT- If there is some kind of government lien against the SSI payment it will be deducted from the payment amount before the check is sent, or the deposit is ever made.
Is tax amount deducted from gross sales to arrive at net sales?
No. tax is deducted from gross sales neither is it deducted from gross profit.
What is Journal entries for letter of credit?
A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. In the event that the buyer is unable to make payment on the purchase, the bank will be required to cover the full or remaining amount of the purchase.
