answersLogoWhite

0

Noncancellable

User Avatar

Sky Pace

Lvl 2
3y ago

What else can I help you with?

Related Questions

What is the type of annuity in which the cash values are invested in securities?

This type of annuity would be a variable annuity. There are no guarantees on your interest and you may lose some or all of your principle. They do have the ability to grow at higher rates when the markets are up.


What is indeterminate premium life insurance?

Indeterminate premium life insurance is a type of whole life insurance that specifies two premium rates: a guaranteed maximum, and a lower rate you actually pay. The lower premium level is for a set period of time. Then the company establishes a new rate that may be higher or lower than the initial premium. But your premium can never be more than the guaranteed maximum.


Who Calculates Amount of Premium?

The amount of an insurance premium is typically calculated by the insurance company based on various factors, including the type of coverage, the risk profile of the insured, and relevant underwriting criteria. Actuaries and underwriters play key roles in this process, utilizing statistical data and risk assessment models to determine the appropriate premium rates. Additionally, regulations and market competition can influence premium pricing.


The constitution guarantees you the right to what type of trial?

by your peers and fast and speedy


What is a premium for auto insurance?

Your premium is pretty much your monthly bill, after deciding what type of deductible you plan on choosing. The higher deductible the lower your premium will be.


What type of gas does the Acura TL use?

premium


What Type of gas needed for Civic Hybrid?

premium


What type of letter of guarantees available with citigroup?

what kind of letter of guarntee in USA banks


How do you figure out rates?

How do you figure out mortgage rates yearly Type your answer here...


What is flexible premium life insurance?

Flexible Premium Adjustable Life Insurance is a policy usually called Universal Life but some companies may use different names. This type of policy is basically a term life insurance policy with an interest bearing side fund as part of the policy. The mechanics are that you can pay any premium above the minimum premium and within federal tax limits. You can change the premiums and the amount of insurance which makes it a very flexible policy. The trick is that as with term insurance the cost of insurance goes up as you age so you must pay more than the cost of insurance expecially in the beginning or the policy always has a danger of running out of money and the insurance cancelling. This type of policy looks good when interest rates are high but is very dangerous when rates drop.


What type of bond is this ABC issued a bond at 101?

When a bond is issued at 101, it means that it is sold at a premium, specifically 101% of its face value. This indicates that investors are willing to pay more than the par value for the bond, often due to favorable interest rates or perceived lower risk. The bond could be a corporate bond, government bond, or municipal bond, depending on the issuer. Generally, bonds sold at a premium typically have lower yields compared to their coupon rates.


Refund of payment bond?

Normally, these are not refundable. Bonds of this type are sometimes referred to as "reverse insurance"...the one providing it as part of the deal buys it, from a bonding/insurance company, and that company essentially guarantees performance of what the bond covers...they will perform if the one covered does ot. The premium is a payment, that like insurance, is NOT refunded if there are no claims.