world affairs
Is rental property insurance claim taxable?
A casualty gain is taxable income. However, the property owner need not pay tax on the gain the year it is received if the owner replaces the destroyed pr...
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Is health insurance in Colorado expensive?
The average cost of health insurance in Colorado across all metal tiers is $377 per month, which is 6% less than it was in 2020. The cost of health insura...
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How are premium payments calculated?
A simpler way to calculate the acquisition premium for a deal is taking the difference between the price paid per share for the target company and the tar...
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What is the formula of insurance?
1 – For Life Insurance. Insurance Expense (Premium) = Sum Insured * % of Premium to be Paid. 2- For Insurance other than Life. Insurance Expense (Premium)...
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What is a monoline liability policy?
A monoline policy is a policy that covers one type of insurance; for example, workers compensation or commercial auto are often written as single, or mono...
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Is TRICARE funded by taxpayers?
The Department of Defense (DOD) provides health care for 9.5 million military service members, retirees, and family members through military treatment fac...
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Do insurance companies have reserves?
Reserves are liabilities. They reflect an insurer’s financial obligations with respect to the insurance policies it has issued. An insurer’s two major lia...
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Is pet insurance a profitable business?
No doubt, the pet insurance business is one of the aspects of insurance that requires loads of effort to make tangible sales; this is especially if you ar...
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Can my car be insured but not me?
Can I get my car insured under someone else? Usually, the owner of the vehicle is a “named insured” on the auto policy. But if another person — other than...
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Do federal employees have life insurance?
Unless they waive coverage, most Federal employees have Basic Life Insurance under the Federal Employees’ Group Life Insurance Program. Some employees als...
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