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When you use the annual dividends to pay the annual premium on a life insurance policy what are the possible implications Can you use the accumulated cash values to pay the annual premiums if so what?

No you can't do that.


What is the formula for calculating forward FX?

The formula for calculating forward FX is Forward price - SpotÊÊprice x 12 x 100. This is used to compute the annual forward premium.Ê


What is the formula for calculating the effective annual rate (EAR) when using the annual percentage rate (APR)?

The formula for calculating the effective annual rate (EAR) when using the annual percentage rate (APR) is: EAR (1 (APR/n))n - 1 Where: EAR is the effective annual rate APR is the annual percentage rate n is the number of compounding periods per year


How can I find the APR formula?

The formula for calculating the Annual Percentage Rate (APR) is: APR (Interest Fees) / Principal x 365 / Days loan is outstanding


If you're doing an FHA loan are you obliged to get FHA mortgage insurance?

Yes, FHA Loans all have mortgage Insurance.Removal of FHA Mortgage Insurance: * For mortgages with terms more than 15 years, the annual mortgage insurance premiums will be canceled when the Loan to Value ratio reaches 78%, provided the mortgagor has paid the annual premium for at least 5 years. * For mortgages with terms 15 years and less and with loan to value ratios 90% and greater, then annual premiums will be canceled when the Loan to Value ratio reaches 78%, regardless of the amount of time the mortgagor has paid the premiums. * FHA Loans with terms 15 years and less and with loan to value ratios of 89.99% and less will not be charged annual FHA mortgage insurancepremiums.

Related Questions

What is the formula for insurance premium calculation?

The formula for calculating insurance premium uses the DRF and the 6-month basic rate. It is:p = 2rbwhere p is the annual premium, r is the DRF, and b is the 6-month basic rate.


What is an auto insurance yearly premium?

An auto insurance premium is how much you are paying to receive coverage from the insurance company. While some companies offer semi-annual premiums, others will offer annual premiums. Each coverage you elect to carry will have their own premium amount. The total premium is found by adding all of these premiums together.


What is an EMR Insurance Rating?

An EMR (experience modification rate) insurance rating is a way to determine the workers' compensation premiums for businesses. An annual basis is calculated and premiums can go up or down.


When you use the annual dividends to pay the annual premium on a life insurance policy what are the possible implications Can you use the accumulated cash values to pay the annual premiums if so what?

No you can't do that.


What is the formula for calculating forward FX?

The formula for calculating forward FX is Forward price - SpotÊÊprice x 12 x 100. This is used to compute the annual forward premium.Ê


What is the formula for calculating the effective annual rate (EAR) when using the annual percentage rate (APR)?

The formula for calculating the effective annual rate (EAR) when using the annual percentage rate (APR) is: EAR (1 (APR/n))n - 1 Where: EAR is the effective annual rate APR is the annual percentage rate n is the number of compounding periods per year


Does 15 year term insurance work out cheaper than annual ones?

yes, 15 year term insurance work out cheaper than annual ones. It is a one year policy but the insurance company guarantees it will issue a policy ... Premiums are much higher than term insurance in the short-term, ...


Below is the formula for calculating the number of years it takes for a population to double This formula uses the percent annual population growth rate or r If a country has an annual population g?

34 years 41 years


How can I find the APR formula?

The formula for calculating the Annual Percentage Rate (APR) is: APR (Interest Fees) / Principal x 365 / Days loan is outstanding


What is the formula for calculating interest coverage ratio?

operating income vefore interest and income taxes / annual interest expense


How are insurance premiums calculated?

Insurance premiums are calculated based on several factors, including the policyholder's age, location, coverage limits, past claims history, type of coverage, and the insurance company's underwriting criteria. Insurers use complex algorithms that assess the level of risk associated with insuring the individual or property to determine the premium amount. Additionally, factors such as the deductible amount and any discounts or endorsements can also influence the final premium cost.


If you're doing an FHA loan are you obliged to get FHA mortgage insurance?

Yes, FHA Loans all have mortgage Insurance.Removal of FHA Mortgage Insurance: * For mortgages with terms more than 15 years, the annual mortgage insurance premiums will be canceled when the Loan to Value ratio reaches 78%, provided the mortgagor has paid the annual premium for at least 5 years. * For mortgages with terms 15 years and less and with loan to value ratios 90% and greater, then annual premiums will be canceled when the Loan to Value ratio reaches 78%, regardless of the amount of time the mortgagor has paid the premiums. * FHA Loans with terms 15 years and less and with loan to value ratios of 89.99% and less will not be charged annual FHA mortgage insurancepremiums.