What Happens When Whole Life Insurance Is Paid Up

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If you are looking for the answer of what happens when whole life insurance is paid up, you’ve got the right page. We have approximately 10 FAQ regarding what happens when whole life insurance is paid up. Read it below.

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 only instance when a life insurance contract is treated

Ask: The only instance when a life insurance contract is treated primarily as an indemnity agreement is when a

Answer:

when a person insures the life of a friend b. creditor insures

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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what is participating life insurance?​

Ask: what is participating life insurance?​

Answer:

  • What is a Participating Policy? A participating policy is an insurance contract that pays dividends to the holder. Dividends are generated from the profits of the insurance company that sold the policy and are typically paid out on an annual basis over the life of the policy.

Explanation:

Yan Po Yung sagot.

Answer:

  • What is a Participating Policy? A participating policy is an insurance contract that pays dividends to the holder. Dividends are generated from the profits of the insurance company that sold the policy and are typically paid out on an annual basis over the life of the policy.

Explanation:

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A policy that is in force for less than the

Ask: A policy that is in force for less than the original sum assured with no indebtedness has availed of ___. * cancellation reinstatement provision paid-up insurance option grace period

Answer:

paid-up insurance option

Explanation:

A policy that is in force for less than the original sum assured with no indebtedness has availed of paid-up insurance option.

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Amount of money paid in an insurance company​

Ask: Amount of money paid in an insurance company​

Answer:

insurance premium

insurance premiumAn insurance premium is the amount of money an individual or business pays for an insurance policy. Insurance premiums are paid for policies that cover healthcare, auto, home, and life insurance. Once earned, the premium is income for the insurance company.

Explanation:

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

Many insurance firms operate on margins as low as 2% to 3%.

My mom paid an insurance company of $800,000 for a

Ask: My mom paid an insurance company of $800,000 for a policy that will pay $6000 a month in income for the rest of her life.

Answer:

6,800.

Step-by-step explanation:

Answer:

6,800•••••••••

what would happen when policy is not used after a

Ask: what would happen when policy is not used after a year or in a contract of period in health insurance

Answer:

because saying in the people be safe and careful

if you don't purchase this life insurance and something happens

Ask: if you don’t purchase this life insurance and something happens to you, how will your family survive? explain

Answer:

yes,

Explanation:

because the family is important

Your eldest brother applied for a term life insurance. He

Ask: Your eldest brother applied for a term life insurance. He decided to avail of Insurance M’s flexible
insurance product. His contribution per year is P40,000 that earns 12% compounded monthly for 20 years.
How much will be paid out to him after 20 years by Insurance M?

Paki sagot po pls​

Answer:

96,000 PESOS

Step-by-step explanation:

PRINCIPAL = 40,000 PESOS

RATE = 12% OR 0.12%

TIME = 20 YEARS

40,000 PESOS × 0.12% = 4,800 PESOS

4,800 PESOS × 20 YEARS = 96,000 PESOS

Not only you can get the answer of what happens when whole life insurance is paid up, you could also find the answers of The policy fee, Whole life insurance, My mom paid, Amount of money, and if you don't.