Ask Question
7 April, 10:20

If a client chooses to pay premiums other than annually, what can he or she expect?

+4
Answers (1)
  1. 7 April, 10:22
    0
    More payment

    Explanation:

    In line with the time-value of money you pay more when you pay your premiums monthly because you pay an interest on the annual amount. There is always an interest charged for the administrative costs of processing your 12 monthly payments as opposed to 1 annual payment of the insurance premium
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If a client chooses to pay premiums other than annually, what can he or she expect? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers