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What is the difference in participating life policies and non participating life policies?

Participating policies are life insurance policies that pay dividends, where dividends enable you (the policyholders) to participate in the insurance company's favorable experiences (such as higher than expected investment returns or lower than expected operation.) Non-participating policies, historically belong to the stock companies where the company's favorable expenses were paid to the stock holders, rather than the people who own policies within the insurance company. Even though the participating policies were mostly offered by the the mutual insurance companies, due to consumer appeals to receive dividends, stock companies also started offering participating policies. You should keep in mind that the dividends are not guaranteed and it is illegal for insurance agents to make future projections (where the participating policies also tend to have little higher premiums.)


What type of an insurer issues participating policies?

A participating life insurance policy is one that pays a dividend to the owner. Mutual life insurance companies offer participating life insurance policies as the policyholders share in the profits of the insurance company since the policy owners are the owners of the company.


What are the company policies of a money exchange business?

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What format do policies follow?

Business policies don't have a specific format like governmental policies. Policies are adopted so that the company can move forward with their organizational goals.


Why is it important to know business policies?

Understanding and knowing the importance of company policies and procedures can help you overcome barriers to growth.


Is hanover insurance a reputable company?

Hanover insurance is a reputable company. They help out everyone with insurance policies. They have insurance policies on items like the home, car, and business insurances.


What is a managerial meeting?

A meeting within a business or company where the managers meet to discuss operations and policies.


What is the contribution of recruitment and selection policies to business strategy?

Recruitment and selection policies help the organization find talent that aligns with the company's strategy. Human resources are charged with carrying out these policies.


What types of insurance policies are offered by the Federal Insurance Company?

There are only a few types of insurance policies offered by the Federal Insurance Company. They would include life and business insurance. There is not much information available other than that.


What is the strategy for a business take over?

Some business takeovers are done when a company or individual buys fifty one percent or more stock in a particular company. Since they own the majority share, they get to make the policies.


What are organisational infrastructure?

Organizational infrastructure is the collection of the business procedures and policies of a company based on defined responsibilities and duties of its employees


What are managers doing when they use the business rules management system?

A Business Rules Management System (BRMS) allows company policies and the decisions related to those policies to be defined and monitored. This takes a lot of the work load away from the managers so that they can focus on other business matters.