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liq [111]
1 year ago
8

premiums on standard annual renewable term life will generally increase as the policyholder ages. true false

Business
1 answer:
damaskus [11]1 year ago
4 0

The statement is False.

The required details about Premium is mentioned in below paragraph.

Premium has numerous meanings in finance. Most commonly, it refers to: Generically, a protection buying and selling above its intrinsic or theoretical fee is buying and selling at a top rate (in comparison to a discount). The distinction among the charge paid for a fixed-earnings protection and the protection's face quantity at trouble is called a top rate if that charge is better than par.

The buy charge of an coverage policy or the ordinary bills required through an insurer to offer insurance for a described length of time.

The general fee to shop for an option contract (regularly synonymous with its marketplace charge).

To learn about Premium visit here.

brainly.com/question/24441770

#SPJ4

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The correct answer is letter "B": automating the tracking of inventory and information among business processes and across companies .

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Which of the following statements is NOT correct? Multiple Choice The description of a journal entry should include a reference
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The credit portion of a general journal entry is always recorded first.

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