# Top 10 Whole Life Insurance Companies

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## Charmie works as a financial advisor in an insurance company.

Ask: Charmie works as a financial advisor in an insurance company. She sells insurance such as life insurance, health insurance and car insurances. Her income is based on the commission given by the company. She can earn 5 % of the sales she can make every month. Charmie sold worth 2 million of life insurance this March. How much is her income this month?

## 100,000 is her income this month.

How much is her income this month?

What is the correct equation/ mathematical sentence for the problem?

5% ÷ 100 = N

5% ÷ 100 = NN ÷ 2,000,000 = N

5% ÷ 100 = 0.05

5% ÷ 100 = 0.050.05 ÷ 2,000,000 = 100,000

ฅ^•ﻌ•^ฅ Bye ~~~

## Charmie works as a financial advisor in an insurance company.

Ask: Charmie works as a financial advisor in an insurance company. She sells insurance such as life insurance, health insurance and car insurances. Her income is based on the commission given by the company. She can earn 5% of the sales she can make every month. Charmie sold qorth 2 million of life insurance this March. How much is her income this month?

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Step-by-step explanation:

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## Payment made by the insured to insurance companies

An insurance premium is the amount of money an individual or business pays for an insurance policy.

## Ball company purchased a 1,000,000 ordinary life insurance policy on

Ask: Ball company purchased a 1,000,000 ordinary life insurance policy on its president. ball company is the beneficiary under the life insurance policy. the policy year and the accounting year coincide. the entity provided the following data for the year ended december 31,2019

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## Whole life insurance definition in your own words?

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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## Describe how life insurance companies earn their profits.​

Ask: Describe how life insurance companies earn their profits.​

Most insurance companies generate revenue in two ways: Charging premiums in exchange for insurance coverage, then reinvesting those premiums into other interest-generating assets. Like all private businesses, insurance companies try to market effectively and minimize administrative costs.

The insurance company primarily makes money in two ways. One, from the profit it makes on premium payments. And two, from investing those premiums. To figure out what premiums should be, insurance companies employ thousands of actuaries that specialize in advanced statistics and probability.

Explanation:

## Most insurance companies generate revenue in two ways:

• Charging premiums in exchange for insurance coverage, then reinvesting those premiums into other interest-generating assets.
• Like all private businesses, insurance companies try to market effectively and minimize administrative costs.

Explanation:

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## 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.

## why should a purchaser of life insurance be concerned about

Ask: why should a purchaser of life insurance be concerned about the credit rating of his or her insurance company?​

Why should a purchaser of life insurance be concerned about the credit rating of his or her insurance company?

A good credit rating of a company shows that low risk where poor credit rating of a company indicates a high risk of defaulting.

## top insurance companies in the world

Ask: top insurance companies in the world

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Explanation:

## Because the renewal of a term life insurance policy presents

Ask: Because the renewal of a term life insurance policy presents an increased possibility of anti-selection, it is customary for the insurance company to