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The monthly payout for a Scottish widow with life insurance is about 25,000 a month or about 50 percent of the payable amount under the individuals policy. There are five main reasons that life insurance claims are filed and they include cancer, heart related problems, strokes, respiratory illnesses, and accidents.

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12y ago

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What does graded benefit mean in a life insurance policy?

payout reflects military rank


What is probability a horse will win a race if it has odds of 5 to 1?

5 to 1 to win means the probability of actually winning is 1 to 5, or 0.2. The larger the payout, the longer (or poorer) the odds. Actually, 5 to 1 means 1 chance in 6 or 16.7%. Of course, race track odds may not be the true probablity of winning.


What are the expectations for the following 1 bets on a US roulette wheel?

there are 38 slots on a US roulette wheel, (1-36, 0 and 00) but they only payout 35 times your stake. european tables have 37 slots but the same edge, if you do the maths american casinos have almost double the edge of european tables. like they need it...bit of a liberty if you ask me.


What are the probabilities of winning when playing craps online?

"The probabilities are exactly the same as playing offline, at least in theory. So then it depends upon the table, how many numbers there are, and how you bet. A Typical table gives you a 1 in 31 chance of winning on a single number with the highest payout rate. However, when betting on split the probability is closer to 50% with 0 and 00 being losers."


How is Probability used in the gambling industry?

It depends on what you mean, but here is a basic description of how it works. Payouts in gambling games are based on the probability of winning, but the payout is less than the true probability of winning. Just as a basic example, the odds of rolling a 12 in the game Craps is 1 in 36, but if bet on the 12 and win, you only win 30 times the amount bet. So basically, you would have to make a $1 bet 36 times to win $30.

Related Questions

How can i change my pension to another bank?

I receive a pension payout from Babcock and Wilcox monthly. How do I go about changing the automatic bank deposit account?


How long does it take for a payout from retirement and pension fund?

6 weeks


What is the average payout on slots machines?

The average payout on slots machines differ from state to state. In Ohio the average payout is 90%. In New York the average pay out is 91% - 92%. In New Mexico the average payout is about 80%.


What is the average settlement payout for a fractured skull?

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What is the average claim payout for liability insurance?

Payout is dependent on the sustained losses and coverage limits of the policy the insured purchased. There is no average.


Can a creditor freeze your IRA account?

I don' t know about an IRA account, but a creditor cannot freeze or "attach" an individuals' social security or pension account in many States. If you can show that the bank "attachment" was either a SS monthly payment or receivables from a pension fund payout, the courts will declare the action invalid. Don in Cherry Hill, New Jersey


Pension Plan Retirement Options?

Pension Plan Retirement Options Choosing between pension options can be a difficult task. Choosing an option that guarantees your spouse pension benefits after your death means extra security but also lower monthly benefits. On the other hand, choosing a pension option that only pays through your lifetime can provide larger monthly payments, but requires a lump sum to protect your spouse if she outlives you. Use this calculator to help decide which pension option works best for your particular retirement needs.


Is spouse responsible for deceased pension loan debt when they contact 12 years later?

Maybe. It depends on what happened with the pension after the death and how the estate was handled. If the spouse inherited from the deceased, and continued to receive a payout from the pension, they would probably be liable for the debt.


What is the average payout for a knee replacement in Australia?

i had both knee replaced about how much should i expect to get for payout


What is a Life insurance average payout?

100% of the amount of the policy...each of which are purchased for a specific amount, or amount of payout.


How long does it take to collect your pension from UTC?

The time it takes to collect your pension from UTC can vary based on individual circumstances. It typically takes several weeks to a few months to process a pension payout after all required paperwork is submitted and reviewed by the pension administrator. It's best to contact UTC's pension department for specific details on your situation.


What is the average payout for whiplash injuries in the UK?

£3500