Posts tagged profit
SHOULD HEALTH INSURANCE COMPANIES BE ALLOWED TO MAKE A PROFIT?
Question by :
Should health insurance companies be granted to make a profit?
According to a WellPoint Institute report, 3 cents of every dollar goes toward the insurance carriers profits. Is this outrageous?
Do you think it would cost more or less for our government to manage health care?
HOW MUCH IS TOO MUCH PROFIT FOR HEALTH INSURANCE COMPANIES TO MAKE?
Question by Me:
How much is too much profit for health insurance companies to make?
I keep hearing how some companies made billions in profits but how many billions worth of claims did they pay to earn that profit?
The people that complain that they made billions in profit never say how much they had to spend to earn it. Apparently some people think they are supposed to pay for billions in claims and just break even?
And those of you that want government supplied health care because it cuts out the insurance companies profits: Do you really think the US government would not have big overhead costs? What does the government do now that is more efficient than the private sector, anything?
HOW MUCH OF HEALTH INSURANCE PREMIUMS IS PROFIT?
Question by Rico:
How much of health insurance premiums is profit?
Our local paper this day reports 60% of the cost of the premium is profit to the insurance company. Can this be verified?
If it’s true, then it puts a new light on the subject of rising premiums and health care reform.
Q&A: HOW DO LIFE INSURANCE AGENCIES MAKE THEIR PROFIT?
Question by Mic:
How do life insurance agencies make their profit?
Can anyone please explain how do life insurance agencies (or financial advisory agencies) make their profit?
Is that true that the life insurance companies are paying around 100% of total first year premium to the agents? How do the agencies split that with the agents?
WHAT EXACT IS WHOLE LIFE INSURANCE, AND HOW DO LIFE INSURANCE COMPANIES PROFIT FROM SELLING IT?
Question by Sugar Ray:
What exact is whole life insurance, and how do life insurance companies profit from selling it?
Agents are always extremely keen about selling my family whole life insurance instead of term. According to the agents, whole life is preferable to term since it does not expire and as a result the beneficiary is guaranteed some payment upon the death of the insured. However, why would the insurance company profit from such a setup if they are bound to pay back an amount that is at least equal to the total amount paid?
I have tried to do some research on my own, but I still can’t seem to fully comprehend this matter. Any help will be greatly appreciated!
Q&A: HOW DO LIFE INSURANCE AGENCIES MAKE THEIR PROFIT?
Question by Monica Sandler:
How do life insurance agencies make their profit?
I have a few questions here and thanks in advance.
Can anyone please explain how do life insurance agencies (or financial advisory agencies) make their profit?
Is that true that the life insurance companies are paying around 100% of total first year premium to the agents? How do the agencies split that with the agents?
I would appreciate if you can throw in some numbers, since i am looking to invest some angel capital into an agency, so you would help if you give numbers.
WHAT EXACT IS WHOLE LIFE INSURANCE, AND HOW DO LIFE INSURANCE COMPANIES PROFIT FROM SELLING IT?
Question by Tony:
What exact is whole life insurance, and how do life insurance companies profit from selling it?
Agents are always extremely keen about selling my family whole life insurance instead of term. According to the agents, whole life is preferable to term since it does not expire and as a result the beneficiary is guaranteed some payment upon the death of the insured. However, why would the insurance company profit from such a setup if they are bound to pay back an amount that is at least equal to the total amount paid?
I have tried to do some research on my own, but I still can’t seem to fully comprehend this matter. Any help will be greatly appreciated!
WHAT EXACT IS WHOLE LIFE INSURANCE, AND HOW DO LIFE INSURANCE COMPANIES PROFIT FROM SELLING IT?
Question by carie lombardi:
What exact is whole life insurance, and how do life insurance companies profit from selling it?
Agents are always extremely keen about selling my family whole life insurance instead of term. According to the agents, whole life is preferable to term since it does not expire and as a result the beneficiary is guaranteed some payment upon the death of the insured. However, why would the insurance company profit from such a setup if they are bound to pay back an amount that is at least equal to the total amount paid?
I have tried to do some research on my own, but I still can’t seem to fully comprehend this matter. Any help will be greatly appreciated!
HOW MUCH OF LIFE INSURANCE COMPANY PROFIT RESULTS FROM BENEFICIARIES NOT KNOWING THAT A COMPANY SOLD A POLICY?
Question by StephenWeinstein:
How much of life insurance company profit results from beneficiaries not knowing that a company sold a policy?
I have seen many questions here along the lines of either (a) a person died and had life insurance, but I do not have the policy and do not know what company sold the policy, or (b) a person died and I do not know if that person had life insurance.
How much of the profit that life insurance companies make is because the company does not receive a claim when an insured person dies, either because the beneficiary did not know that there was a life insurance policy, or because the beneficiary does not know what company issued the policy?
HOW DO LIFE INSURANCE AGENCIES MAKE THEIR PROFIT?
Question by terri hill:
How do life insurance agencies make their profit?
I have a few questions here and thanks in advance.
Can anyone please explain how do life insurance agencies (or financial advisory agencies) make their profit?
Is that true that the life insurance companies are paying around 100% of total first year premium to the agents? How do the agencies split that with the agents?
I would appreciate if you can throw in some numbers, since i am looking to invest some angel capital into an agency, so you would help if you give numbers.