Find the annual premium in territory 1. Liability (Bodily Injury) and Medical Insurance (Per Year) Liability and Medical Expense Limits Territory 15/30 $1000 $207 25/50 $2000 $222 50/100 $3000 $253 100/300 $5000 $282 250/500 $10,000 $308
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- The insured has divided the insurance on its building as follows: $200,000 with insurer M and $300,000 with insurer R. The If there is a $100,000 loss, insurer M will pay: OA $40,000 OB. $60,000 C $66,666 $100,000 D.Calculate the Medicare Levy payable for an individual resident earning $50,000 per annum. Select one: A.Nil B.$1,000 C.$7,797 D.$2,000Calculate the amount to be paid (in $) by the insurance company for the claim. (Round your answer to the nearest cent.) Amount of Loss Insurance Company Will Pay Replacement Value of Building $340,000 Submit Answor Face Value Coinsurance Amount of Policy Clause (%) of Loss $300,000 90 $115,000 $ X
- Calculate the amount to be paid by the insurance company for the claim. Replacement Value of a building $360,000 Face Value of the Policy $300,000 Coinsurance clause 90 % Amount of Losee $145,000Kk105. Find the annual premium. Face Value: $30,000 Age of Insured: 50 Sex of Insured: M Type of Policy: Universal lifeQuestion text If the value of the subject matter of insurance is 20,000 dinars, the amount of insurance is 10,000 dinars, and the actual value of the loss is 8,000 dinars, then the compensation is equal Select one: a. 4000 dinars b. 2000 dinars c. 400 dinars d. 8000 dinars
- QUESTION 12 Abeer has a major medical pblicy with a 5200o deductible. She is required to pay 25 percent of covered expenses in excess of the deductble. The insurer will pay 75 percent of expenses in excess of the deductble. f Abeer has eligible medical expenses of $10.000. how much will be pad by her insurer? Da57.300 Ob. $7.500 C S0.800 Cd. $7.350The following information is provided to you by Wacu Wanderi ; 31st December 2019 31st December 2020 Shs. Shs Wages in arrears 60,000 67,000 Insurance paid in advance 21,000 25,500 Rates in arrears 7,500 NIL Rates in advance NIL 9,000 Payments made during 2020 were; Wages Kshs.715,000 Insurance Kshs.43,500 Rates Kshs.46,000 Calculate the amounts he should transfer to the income statement for wages, insurance and rates for the year 2020.3 The following data are available pertaining to Firewall Corporation's retiree health plan for 2021: Number of employees covered Years employed as of January 1, 2021 Attribution period EPBO, January 1 EPBQ, December 31 Interest rate Funding 4 5 (each) 20 years $112,000 $123,200 10% none Required: 1. What is the APBO at the beginning of 2021? 2. What is the interest cost for 2021? 3. What is service cost for 2021? 4. Prepare the journal entry to record the postretirement benefit expense for 2021. Complete this question by entering your answers in the tabs below. Req 1 to 3 Req 4 What is the APBO at the beginning, interest cost and service cost for 2021? 1. APBO 2. Interest cost 3. Service cost Req 1 to 3 Req 4 >
- Complete the cost of the premium for fire insurance: Rate of Area Class B Building Contents 2 $80,000 $35,000Property taxes Franchise taxes $425,000 51,500 7,900 Charges for general government services Charges for public safety services Charges for health and sanitation services Issued long-term note payable Receivables at end of year: Property taxes (90% estimated to be collectible) Payments: Salary: General government Public safety 5,500 49,200 286,500 104,500 68,350 48,300 25,500 Health and sanitation Rent: General governmant Public safety 13,500 26,900 Health and sanitation 5,400 Maintenance: General government Public safety 24,400 5,100 9,400 Health and sanitation Insurance: General government Public safety ($2,300 still prepaid at end of year) Health and sanitation 8,300 11,500 16,200 22,920 Interest on debt Principal payment on debt Storage shed Equipment Supplies (20% still held) (public safety) 5,730 201,000 85,500 15,400 96,000 Investments Ordered but not received: Equipment 13,500 MacBook Pro14 AA Auto Insurance Coverage Limits Type of Insurance Coverage Bodily Injury $25/550,000 $50/100,000 $100/300,000 Annual Premiums $22.50 $31.75 $40.25 Property Damage $25,000 $50,000 $100.000 $120.50 $144.75 $193.00 Collision $100 deductible $250 deductible $500 deductible $520.00 $415.25 $275.75 Comprehensive $50 deductible $100 deductible $110.25 $100.00 Auto insurance options offered by AA Auto Insurance are outlined in the table below. What monthly payment would you expect for an insurance policy through AA Auto Insurance with the following options? Bodily Injury: $50/100,000 Property Damage: $100,000 Collision: $100 deductible Comprehensive: $100 deductible