The performance of a variable annuity exists connected to the performance of the separate account. The insurance company's general account backs the company's fixed annuities and traditional (guaranteed) insurance products.
<h3>What is meant by insurance?</h3>
Insurance is a tool for risk management. You purchase protection against unforeseen financial losses when you purchase insurance. If something unpleasant happens to you, the insurance company pays you or someone else of your choosing. If you don't have insurance and an accident occurs, you can be liable for all expenses.
Anyone trying to safeguard their family, possessions, and themselves from financial risk or losses can find insurance programmes to be helpful: Plans for insurance will assist you in paying for future medical care, hospitalization, contracting any illnesses, and treatment. By minimizing loss through services and/or cash compensation, insurance is essential in helping people overcome their anxiety of experiencing an unexpected bad luck.
Hence, The performance of a variable annuity exists connected to the performance of the separate account. The insurance company's general account backs the company's fixed annuities and traditional (guaranteed) insurance products.
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<span>Raines company's, having reported gross sales of $750,000, with net profits of $130,000, and a 40% contribution margin ratio (equaling $300,000), subsequently had fixed costs of $320,000.</span>
Answer:- They require companies to use focus strategies to meet specialized customer needs.
Explanation:- A fragmented industry is an industry in which many organizations compete and there is no domination of the industry by any single or small group of companies. However, it is true that they require companies to use focus strategies to meet specialized customer needs.
Answer:
Both Flashfone and Pictech will choose a low price.
a.True
Explanation:
By both of them lowering their prices, they can both earn more, but they damage the market, because Pictech will be lowering their prices, thus Flashfone will start to sell less, so the total revenue of the market wil be lowered, but the earnings og Pictech will go up, instead of eing 17 million between both it will decrease, in the normal both will choose a low price to maximize their sells and profits.
Answer:
$44.46
Explanation:
The Price of Kelly Enterprises stock after five years can be determined through below mentioned formula:
F=P(1+g)^n
In this question:
F=Price of Kelly Enterprises' stock after five years
P=Current price of Kelly Enterprises' stock=$35.25
g=growth rate=4.75%
n=Years involved=five years
F=35.25(1+4.75%)^5
F=$44.46