Question
A Life insurance policy for which the cost is equally
distributed over the term of the premium period, remaining constant throughout is called?Solution
Level-premium insurance is term life insurance for which the premiums are guaranteed to remain the same throughout the contract, while the amount of coverage provided increases. As a result, the coverage can be advantageous over time as a policyholder keeps paying the same amount but has access to increased benefit coverage as the policy matures.
?% of 1499.89 + 54.14 × 8 = 25.05% of 5568.08
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)...
What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)...
What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)...
(124.901) × (11.93) + 219.95 = ? + 114.891 × 13.90
630 × 256 ÷ 30 ÷ 56 = ? x 4
? = 23.08 + 19.99 × 28.07