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They are paid on commission by the insurance company, between10percentand20percentrcent of the annual premium depending on the policy.
The settlement yesterday allows North Carolina residents who purchased single-premium credit insurance from Associates between August 1995 and July 2000 to receive a refund of the premium, depending on whether they ever filed a claim for the insurance.
There's also mixed evidence on the effectiveness of fair-trade products at spreading the wealth.The fair-trade premium can be more or less than the organic premium depending on the product and the merchants.
If a banker believes that there is a small chance that a borrower will not repay a loan, the banker will charge the true interest plus a premium for the default risk, the premium depending on the degrees of presumed risk.
The company installs a GPS in their cars, and charges a premium depending on how often they drive at night, thus reducing the number of accidents.
Just like other forms of insurance, you choose the amount of coverage you want, select the amount of your deductible, and pay a monthly premium depending on your choices.
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We assume that the bank's risk premium depends on the net worth ratio of the firm.
Both, the demand value and the robustness premium depend on the ambient uncertainty or on the decision maker's choice of critical reward.
Note: The amount of your Medicare Part B premium depends on your income, which is calculated based on your tax return of two years prior!
Insurance agencies take in 10 to 15percentt of the premiums, depending on the complexity of the risks covered.
Having a car with AEB fitted as standard can result in considerably lower premiums, depending on the driver's age.
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