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Tanya [424]
3 years ago
13

If a policyowner unintentionally pays premiums in excess of the MEC guidelines, the excess premium can be refunded by the insure

r within 60 days after the ________.
Business
1 answer:
dangina [55]3 years ago
5 0

Answer:

End of the contract year.

Explanation:

Calendar year deductibles (and refunds) operate on a regular calendar year basis, starting on January 1st and ending on December 31st. Generally refunds should be made during January and February of the next year.

If the policy works on a plan year basis, both the deductibles and the refunds will be based on the renewal date of the policy, and not the calendar year basis.

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Due to growing demand for computer software, the Shine Company has had a very successful year and expects its earnings per share
suter [353]

Answer:

A. $66

Explanation:

The price of the company's common stock can be determined by multiplying the industry's price/earning ratio by the earnings per share. If the price/earning ratio is 12, and earnings per share are $5.50, the stock price is:

P=12*\$5.50\\P=\$66

Therefore, the answer is alternative A. $66.

3 0
3 years ago
Internet privacy has become a major issue. In fact, in Europe there are privacy laws to limit how much information websites can
g100num [7]

a. Greyhound bus system

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3 years ago
A borrower took out a 30-year fixed-rate mortgage of $2,250,000 at a 7.2 percent annual rate. After 10 years, he wishes to pay o
Nastasia [14]

Answer:

$2,122,426

Explanation:

The computation of the amount that must to pay for the retirement of the mortgage is given below:

But first we have to determine the monthly payment i.e. PMT by using excel function

PV=-$2,250,000

RATE = 7.2% ÷ 12 = 0.6%

N = 12 × 30 = 360

FV = 0

PMT = $15,272.73

Now we have to determine the future value  

Given that

PV=-$2,250,000

RATE = 7.2% ÷ 12 = 0.6%

N = 12  × 5 = 60

PMT = $15,272.73

So,  FV  = $2,122,425.62

5 0
3 years ago
J has a personal auto policy with Liability limits of 50/100/25, UM/UIM limits of 50/100, a Medical Payment limit of $5,000 and
saveliy_v [14]

Answer:

$21,000

Explanation:

Amount Received $11,000 ( Under Property Damage)

Amount Received  $1,000 ( Under Medical Coverage)

Amount for Vehicle Damage ( Vehicle damage - Collision deductibles ) = ( $9,500 - $500 ) = $9,000

Total Amount Paid by policy = ($11,000 + $1,000 + $9,000) = $21000  

Therefore , total amount paid by policy for this damage is $21000 .

3 0
3 years ago
2. The purpose of loaded words in advertisements is to
Nonamiya [84]

The purpose of loaded words in advertisements is to influence the reader. Loaded words is a term used for words that can persuade a consumer to buy or use a product or service based on the way something was advertised. Usually, loaded words appeal to a consumers emotions and create a want or need for the product or service. These types of advertisements are used to appeal to a consumer emotionally rather than factually.

6 0
3 years ago
Read 2 more answers
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