Average Whole Life Insurance Cost

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The cost of insurance and taxes are included in​

Ask:
The cost of insurance and taxes are included in​

Answer:

The cost of insurance and taxes are included in Inventory carrying cost.

Answer:

1. set up cost

2. cost of shortages

3. inventory carrying cost

4. cost of ordering

Financial institution that provides protection to insured customers​A. Non Life

Ask: Financial institution that provides protection to insured customers​

A. Non Life Insurance
B. Life Insurance
C. Insurance Companies
D. Mutual Funds

The answer is letter C. Insurance Companies.

Insurance companies provides a range of insurance policies that protect individuals or businesses from financial losses and in return customers pay regular payments to cover their insurance.

x 3 11 24 28 75 y 45 42 20

Ask: x 3 11 24 28 75
y 45 42 20 19 10
Health insurance administrative costs are a concern for many companies that supply the insurance for their employees. The information below is information gathered recently.

Let x be the average number of employees in a group health insurance plan and y be the average administrative costs as percentage of claims.

Find the sample correlation coefficient and round your answer to three decimal places.

To find the sample correlation coefficient, we need to first calculate the covariance between the two variables, x and y. The formula for covariance is as follows:

cov(x, y) = (1 / (n – 1)) * sum(xi – xmean)(yi – ymean)

where n is the number of data points, xi is the ith data point in the x variable, yi is the ith data point in the y variable, xmean is the mean of the x variable, and ymean is the mean of the y variable.

In this case, we have the following values for the x and y variables:

x: 3, 11, 24, 28, 75

y: 45, 42, 20, 19, 10

The means of the x and y variables are as follows:

xmean = (3 + 11 + 24 + 28 + 75) / 5 = 35

ymean = (45 + 42 + 20 + 19 + 10) / 5 = 30

Substituting these values into the formula for covariance, we get the following:

cov(x, y) = (1 / (5 – 1)) * [(3 – 35)(45 – 30) + (11 – 35)(42 – 30) + (24 – 35)(20 – 30) + (28 – 35)(19 – 30) + (75 – 35)(10 – 30)]

= (1 / 4) * [-32 * 15 – 24 * 12 – 11 * 10 – 7 * 9 – 40 * 20]

= (-32 * 15 – 24 * 12 – 11 * 10 – 7 * 9 – 40 * 20) / 4

= (-4800 – 2880 – 1100 – 630 – 800) / 4

= (-11010) / 4

= -2752.5

Next, we need to calculate the standard deviations of the x and y variables. The formula for standard deviation is as follows:

stdev(x) = sqrt((1 / (n – 1)) * sum(xi – xmean)^2)

Substituting the values for the x and y variables into this formula, we get the following:

stdev(x) = sqrt((1 / (5 – 1)) * [(3 – 35)^2 + (11 – 35)^2 + (24 – 35)^2 + (28 – 35)^2 + (75 – 35)^2])

= sqrt((1 / 4) * [32^2 + 24^2 + 11^2 + 7^2 + 40^2])

= sqrt((1024 + 576 + 121 + 49 + 1600) / 4)

= sqrt(3750 / 4)

= sqrt(937.5)

= 30.72

Similarly, we can calculate the standard deviation of the y variable as follows:

stdev(y) = sqrt((1 / (5 – 1)) * [(45 – 30)^2 + (42 – 30)^2 + (20 – 30)^2 + (19 – 30)^2 + (10 – 30)^2])

= sqrt((1 / 4) * [15^2 + 12^2 + 10^2 + 9^2 + 20^2])

= sqrt((225 + 144 + 100 + 81 + 400) / 4)

= sqrt(950 / 4)

= sqrt(237.5)

= 15.

______________________

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the cost of life insurance to the age of the

Ask: the cost of life insurance to the age of the insured person​

Answer:

Typically, the premium amount increases average about 8% to 10% for every year of age; it can be as low as 5% annually if your 40s, and as high as 12% annually if you’re over age 50. With term life insurance, your premium is established when you buy a policy and remains the same every year.

Step-by-step explanation:

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The policy fee payable by a variable life insurance policy

Ask: The policy fee payable by a variable life insurance policy owner is to cover ____. 1 point
a. the handling charges by professional investment managers
b. the prices for each unit bought under the variable life insurance policy
c. the mortality costs of the variable life insurance policy
d. the administrative expenses of setting up the variable life insurance policy

Answer:

A. The handling charges by professional investment managers

Explanation:

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PA BRAINLIEST NALANG PO

the cost of life insurance to the age of person

Ask: the cost of life insurance to the age of person ​

Answer:

Typically, the premium amount increases average about 8% to 10% for every year of age; it can be as low as 5% annually if your 40s, and as high as 12% annually if you’re over age 50. With term life insurance, your premium is established when you buy a policy and remains the same every year.

Step-by-step explanation:

pa lyk:-)

Answer:

Typically, the premium amount increases average about 8% to 10% for every year of age; it can be as low as 5% annually if your 40s, and as high as 12% annually if you’re over age 50. With term life insurance, your premium is established when you buy a policy and remains the same every year.

Whole life insurance definition in your own words?

Ask: Whole life insurance definition in your own words?

Answer:

Definition of whole life insurance

: a type of life insurance that costs the same as long as the insured person is alive and that pays benefits to survivors when the person has died.

Explanation:

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the cost of life insurance to the age of the

Ask: the cost of life insurance to the age of the insured person
a.inverse variation b.joint variation c.combined variation​

Answer:

B.

Step-by-step explanation:

i thinks its B. because it talking about dependency

the cost of life insurance to the age of the

Ask: the cost of life insurance to the age of the insured person​

Answer:

Typically, the premium amount increases on average by about 8% to 10% for every year of age, according to Ted Bernstein, Director, Life Insurance Concepts Inc. 4 “A 45-year-old male will pay on average $1,125 for a new, 20-year term policy with $1,000,000 of coverage,” he says.

the cost of life insurance to the age os the

Ask: the cost of life insurance to the age os the insured person​

Answer:Typically, the premium amount increases average about 8% to 10% for every year of age; it can be as low as 5% annually if your 40s, and as high as 12% annually if you’re over age 50. With term life insurance, your premium is established when you buy a policy and remains the same every year.

Step-by-step explanation:

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