Topic: Actuarially Fair Premium
Not finding your answer? Try searching the web for Actuarially Fair Premium
Answers to Common Questions
What is the term/name of the difference between the the maximum p...
Maximum Premiums The standard set was twofold: to define a maximum amount of cash value per death benefit and to define a maximum premium for a given death benefit. If the maximum premium is exceeded the policy no longer qualifies for all o... Read More »
Source: http://answers.yahoo.com/question/index?qid=20090503211824AAEQeWj
What is an example of a fair life insurance premium?
That question is not answerable in a meaningful fashion. There are too many variables. What kind of policy? How much will it pay out? What is the age of the insured? Any history of medical problems, personally or in the family? Geographic a... Read More »
Source: http://wiki.answers.com/Q/What_is_a_fair_insurance_premium
What is the formula life insurance actuaries use to determine the...
Insurance companies employ mathematicians, called actuaries, who st... ...MORE... Read More »
Source: http://www.chacha.com/question/what-is-the-formula-life-insurance...
More Common Questions
Answers to Other Common Questions
It depends on what kind of insurance. Depending on the kind of insurance there are probably 10-100 other factors that will determine your rate. Sorry, the question is too broad
Read More »
Source: http://answers.yahoo.com/question/index?qid=20080611170406AAVsBRF
I have NO idea where you're getting your information from, but I've never seen a company using claims information THAT old. MANY MANY things have changed since then. Of course premiums are discriminatory! Otherwise men would pay the same as...
Read More »
Source: http://answers.yahoo.com/question/index?qid=20070629145012AABBWwu
Usually because either a) they aren't allowed to by the state:or b) the state offers cheap reinsurance to insurance companies for coastal losses (such as TWIA does in Texas); or c) usually a combination of the two. As California found out s...
Read More »
Source: http://answers.yahoo.com/question/index?qid=20090729171941AAyT5Jz
State insurance commissioners won't let them charge rates that high.
Read More »
Source: http://answers.yahoo.com/question/index?qid=20090731221446AA86GCy
Wouldn't it be nice if the democrats actually tried to do something to reduce health care costs rather than simply shift that cost from the private to the public sector? While this shift may reduce 'insurance premiums' for you and others, i...
Read More »
Source: http://answers.yahoo.com/question/index?qid=20091016055355AAYzRfL
Maj, James Gordon and Tim are correct it is 1.75% for a purchase. James is also correct that with an FHA loan you cannot eliminate the mortgage insurance by merely having 80% (the number is actually 78% for FHA loans) equity in your home. Y...
Read More »
Source: http://www.trulia.com/voices/Home_Buying/What_is_the_fair_amount_...
I would never buy a second hand 360 if i was you!!!! Don't get me wrong i love Xbox 360 and play it all the time, BUT they have so many problems with them you have to buy a brand new one from the shop and you will then get a 3 years warrant...
Read More »
Source: http://uk.answers.yahoo.com/question/index?qid=20080503040344AAYv...
