In the case of motor insurance policies like four-wheeler and two-wheeler insurance plans, the insurance premium
costs can be lowered by the following ways:
Figures show that insurance premium
collection in India grew by 7.
In addition to fines and other fees, the average driver convicted of a DUI will see his or her car insurance premium
CAR insurance premiums
have plunged at a record rate of 12% year-on-year amid a tougher clampdown to combat bogus motor accident claims which add to the costs of everyone's policies.
The higher minimum wages will also buoy the minimum national health insurance premium
, said the Bureau of National Health Insurance.
The legislation also would provide that if an insurance contract has been financed under a premium finance agreement, an additional premium to that contract may be financed with the same insurance premium
finance company without the signing of a new premium finance agreement.
Claims that car insurance premiums
have been substantially rising over the past year have been dismissed by the AA, Britain's biggest independent car and home insurance broker.
After the purchase of a tax insurance policy for $220 million face value, the insurance premium
for $10 million is shown on the income statement as a current expense.
And there's also the prospect of an insurance premium
price war as Egg attacks the market.
EEF regional spokesman Andrew Semple said: "The Chancellor could ease the burden on companies by halving insurance premium
tax without losing revenue.
Workers comp insurance premium
rates are based on an employer's total payroll amount, the classification of his employees (which is based on how risky their jobs are), and the employer's accident record (much as your car insurance premiums
are based partly on your driving record).
Clinton has been stressing regulation of insurance premium
increases in order to ease their anxiety.
Thus, the insurance premium
is lowered as the commission charge of an insurance agent/broker is not included in the premium cost.