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Shawn Said:

Whats the basic factors for calculating the Premium for Life & Non-Life insurance?

We Answered:

Basic factors for both: Age and gender

For life: Weight, height, medical history, and current medical and physical condition

For non-life: this covers various types of insurance such as car and health. For car insurance, that involves driving history. For health insurance, the factors are the same for life insurance.

Claudia Said:

help on this tax math problem please?

We Answered:

Annual premium for 25 year old female per $1,000 = $2.13
Therefore annual premium for $500,000.00
= $2.13 * $500,000.00/$1000
= $2.13 * 500
= $1065
Ans: $1065