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Author Question: Calculate the individual monthly premium for an employee whose annual premium is 1,860 and whose ... (Read 218 times)

melly21297

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on: Jun 24, 2018
Calculate the individual monthly premium for an employee whose annual premium is 1,860 and whose employer contributes 65.50 per month.

Question 2

A _________________ is the person or persons designated to receive the proceeds of a life insurance policy in the event of the insured's death.
 Fill in the blank(s) with correct word


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dudman123

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Reply #1 on: Jun 24, 2018
Answer to Question 1

89.50; 1,860  12 = 155; 155 - 65.50 = 89.50; the individual's monthly premium is 89.50.

Answer to Question 2

beneficiary


melly21297

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

vickybb89

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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