Ask Question
BusinessBusiness
15 August, 05:54

Your parents' income will be used to determine what your insurance will cost.

+1
Answers (1)
  1. 15 August, 07:03
    0
    That statement is false.

    Explanation:

    Income generally influence their credit scores, but it wouldn't influence the cost of insurance.

    Insurance cost will be determined by the type of plan that your parents choose along the payment method. Insurance that provide large amount of coverage with higher percentage of claims tend to cost higher compared to insurance with the opposite characteristics.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Your parents' income will be used to determine what your insurance will cost. ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Youngstown Rubber reports the following data for its first year of operation. Direct materials used$710,000Cost of goods manufactured680,000Finished goods inventory, ending190,000Manufacturing overhead100,000Finished goods inventory, beginning0Work
Answers (1)
A company makes two products 1 and 2. The finishing activity pool has estimated manufacuring costs of $83,850 and the cost drivers for Product 1 is 322 and 240 for Product 2.
Answers (1)
When a tenant in common dies, what happens to the tenant's interest in the estate?
Answers (1)
Nielsen Auto Parts had beginning net fixed assets of $218,470 and ending net fixed assets of $209,411. During the year, assets with a combined book value of $6,943 were sold. Depreciation for the year was $42,822.
Answers (1)
1. True or False: If you stop using your credit card for purchases, you won't ever have to pay interest again.
Answers (1)
New Questions in Business
Clemmens Company applies overhead based on direct labor cost. Estimated overhead and direct labor costs for the year were $112,500 and $125,000, respectively. During the year, actual overhead was $107,400 and actual direct labor cost was $120,000.
Answers (1)
On october 31, 2018, damon company's general ledger shows a checking account balance of $8,409. the company's cash receipts for the month total $74,400, of which $71,315 has been deposited in the bank.
Answers (2)
In October 2010, the amount of money held by individuals and companies was $893.4 billion; checkable deposits owned by the same individuals and companies were $345.6 billion; money market funds were $1.9423 trillion; savings deposits were $989.
Answers (2)
A monopolist that practices perfect price discrimination a. creates no deadweight loss. b. charges one group of buyers a higher price than another group, such as offering a student discount. c.
Answers (1)
What is the best way to show a business you're interested in their job position
Answers (1)
Home » Business » Your parents' income will be used to determine what your insurance will cost.
Sign Up Forgot Password?