Your MetLife insurance policy contract contains important information that you need to know. For example, your insurance policy details its costs and how your interest is credited. Without this information, you will have to depend on the limited information you receive in your annual accounts of the statements and premium invoices, but you will not … Read more
Almost all insurers offer life insurance policies. And although each company has particular benefits and requirements, there are certain conditions that are met – by law and by the nature of the insurance – in a global way. Know the specifications of life insurance, when they are paid to the beneficiary and in which cases … Read more
Life insurance pays death benefits to a beneficiary. The main beneficiary is the person who receives your death benefit. A contingent beneficiary is the one who receives the money when your primary beneficiary dies before you. This beneficiary is not necessary for a policy, but you should consider naming one. Importance The contingent beneficiary must … Read more
Withdrawing cash from a life insurance policy is one way in which those who are having financial difficulties can get the money they need. Perhaps you unexpectedly lost your job, want to invest in an investment property or suffered a decrease in your salary and want to use your policy money. Try to get the … Read more
Net premiums and gross premiums are terms used to describe the income an insurance company receives in exchange for the risks it assumes under insurance contracts. Premiums are the amounts that policyholders pay for insurance coverage to protect against financial loss. However, there are differences between gross premiums and net premiums. Commercial Premium Business premiums, … Read more
An insurance company has two options when deciding on the structure and organization of the company. These structures determine how the company will be carried out and can have a dramatic impact on its final success. Each structure of the company has its advantages and limitations. For a consumer, it is useful to know the … Read more
Life insurance policies are sold with death benefits in the range of US $100,000 to the US $10 million. A life policy can accumulate cash value for the insured or simply create benefits available to those who survive it within an agreed period of time. Insurance companies have qualification measures for people asking for the … Read more
Life insurance is a financial product designed to pay off debts that remain after the death of a person. However, if you are trying to acquire life insurance in old age, it can be extremely difficult. This is because at 80, you are nearing the end of your life, and it is difficult for the … Read more
What is Insurance Retention An insurance withholding is the part of an insurance claim paid by the insured rather than by the insurance company. A deductible is a common example of a withholding, although there are other types of withholding. Withholding allow the insured to reduce insurance premiums assuming that part of the risk is … Read more
Insurance and reinsurance offer financial protection to a person or company to protect against risk. Both allow the transfer of a possible loss from one entity to another, in exchange for a financial payment in the form of a premium. Each of these has the function of managing the risk, however, the risk is transferred … Read more
Everyone is exposed to unfavourable events that reduce their pocket. Car accidents, earthquakes, fires and property thefts are just some of the problems that would require the disbursement of large sums of money. This is where insurance and insurers come in. Each of them offers specialized policies – such as auto or home insurance – … Read more
Insurance can have many advantages depending on the type you hire. The most common is known as personal insurance, which includes car, life, owners, disability and health. The biggest advantage of insurance is the benefits that are paid when a claim is necessary. Claims may include damage to a vehicle or house or costs of … Read more
Permanent Participant Policies Life insurance dividends are the funds earned from life insurance policies. Not all policies, however, dividends are obtained. Dividends are earned only by permanent participating policies. A participating policy is nothing more than a policy that earns dividends if the yield is better than average. Premiums on participating policies are higher than … Read more
Insurance is contracts signed for a certain time between a person or company with a company that, in exchange for receiving a monthly premium from the former, undertakes to pay monetary compensation if it suffers an accident, theft or some type of damage to its facilities and equipment before the previously stipulated period of time … Read more
Life insurance is offered in two basic types: temporary and general life. Which one you should select depends on your family situation, age and savings goals. Some, but not all, life insurance policies will save and invest money, and some have a cash value. It is important to understand how the cash rescue works before … Read more
In addition to the many types of insurance that can be acquired today to cover all kinds of possible damages or material losses, life insurance also stands out, which in this case is pre-agreed economic protection or compensation granted to the debts or relatives of a person if he dies under certain and certain circumstances. … Read more
Market research is the collection and analysis of information about consumers, competitors or the environment. The Honomichl annual report, published by the American Marketing Association shows the top 50 market research companies in the world. The ranking is based on information collected by 196 nonprofit research organizations. The top five marketing companies in 2009 are … Read more
The oil companies are no stranger to the state of Texas. Many of the world’s largest companies were founded and currently have their headquarters in Texas. Although the economic downturn could reduce profits, the largest production oil companies still regularly bring billions of dollars per year. ConocoPhillips With more than 30,000 employees worldwide, ConocoPhillips is … Read more
Car and home insurance fall within the Property and Accident insurance sector. Before buying a car or home insurance policy, you must learn more about the different companies that offer these policies. In this sense, your goal should be to buy insurance coverage from a company that is financially stable and has a high degree … Read more
In statistics, the Probability Distributions is the square root of the variance; It is a way to show how the data vary or how it is organized in a distribution. The Probability Distributions indicates how much of the data is within a certain area. A Probability Distributions can be difficult to calculate by hand since … Read more
What is financial accounting? The financial accounting conform all procedures that collect, classify, record and account for all financial operations of the company. The accounting reports allow you to make decisions about your business, hence the importance of preparing them with objective and real information. In addition, they are also a tool for potential investors … Read more
The economy is a science, responsible for the study of factors of production. Analyze the correct distribution of resources necessary for the existence of societies. The different areas of the economy allow us to analyze different areas of the productive apparatus, from small and large companies to the stability of a country, its development and growth. Always looking … Read more
At present, accounting became an indispensable part of commercial relations. It is unthinkable to want to create a company without taking into account the accounting part. In fact, without fear of sounding too alarming, without the figure of an accountant, your money may be at risk. Knowing the purpose of accounting will help you to … Read more
The challenges of managing a company are very broad, and there are methods available to help you plan the financial future of your business. The use of financial forecasts and budgets can help you determine where your business is going and how you are going to achieve your financial goals. Forecasts and budgets provide important … Read more
The management of finances, both in the public and private sectors of society, is supported by general accounting services. The accountants manage the maintenance of records of the income and expenses of their clients. While all accountants are trained in the fundamental aspects of accounting procedures, the field offers opportunities for accounting specialization. ID Accounting … Read more
Accounting is an extensive discipline that goes far beyond traditional accounting. Like any science, it branches to business information can be analyzed from various perspectives, from the financial statements up production capacity. This is how financial accounting and administrative or managerial accounting are born, two sisters who share similarities and, at the same time, many … Read more
In order to know the differences between Accounting, Finance and Economics, you must first take into account that the definitions of finance, accounting and economics are often confused since each discipline handles the money of people in general. To understand how these areas work correctly, it is necessary to examine the principles, procedures and business … Read more
Do you know the story of the invisible ink ? Do you know what it is or why it was created? Actually this term may be unknown to many people. It may be that you have not even heard or used it, maybe you know it as a security ink. If you do not know … Read more
The assertions of the financial statements or “management statements” in the financial statements, in some countries called the accountant’s opinion, are a formal summary of qualitative nature, about the processes of registration, recognition, classification and presentation of the accounting information provided. by the financial statements. When a company seeks financial support for its expansion or … Read more
Gross domestic product (GDP) is an economic indicator that reflects the monetary value of all final goods and services produced by a country in a given period of time, usually one year. It is used to measure the wealth of a country. It is also known as the gross domestic product (GDP). The GDP measures … Read more