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A flexible premium multi-funded life means that it is a term life insurance. Aside from that, it has a side fund that grows and which is tax deferred.

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17y ago

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Does insurance premium mean monthly?

No. The premium is the price you pay for the coverage. Depending on your insurance company, the premium may be paid all at once or in payments.


What does a diversity of friends is a credit to your flexible nature mean?

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How do you know if you had mortgage insurance?

This depends on what you mean by mortgage insurance. If you are talking about products like PMI (Premium Mortgage Insurance) look on your escrow billing and it will be listed. If you are talking about a life insurance policy that would be either through credit life with your mortgage company or separately through an insurance company.


What does it mean went a bond is issued at a premium?

When a bond is issued at a premium, it means that the bond's selling price is higher than its face value or par value. This typically occurs when the bond’s coupon rate is higher than the prevailing market interest rates, making it more attractive to investors. As a result, investors are willing to pay more for the bond to receive the higher interest payments. The premium is amortized over the life of the bond and reduces the effective yield for the investor.


What does it mean for a bond to be issued at a discount or premium?

The Conversion Premium is the amount by which the current price of a convertible security exceeds the current market value of the stock into which it may be converted. For example, a bond with a price of $110, convertible into 20 units of stock, trading at $5.10 (totalling $102) would have a conversion premium of $8.