How can an investor evaluate the leverage of an insurance company?

June 30, 2024 No Comments

A: For investors conducting fundamental analyses of insurance companies, leverage can have multiple definitions. Insurance leverage is a term that refers to the ratio of deferred insurance liabilities to shareholder equity. A more universal definition of financial leverage is captured by the debt-to-equity ratio. Both

Does a Flexible Spending Account (FSA) cover glasses?

June 30, 2024 No Comments

A: The funds in a Flexible Spending Account (FSA) can be used to cover most common medical expenses; this includes the cost of eye exams and eyeglasses or contact lenses. What Is a Flexible Spending Account? An FSA is a type of tax-advantaged savings account

How can I apply sensitivity analysis to my investment decisions?

June 30, 2024 No Comments

A: Use sensitivity analysis to estimate the effects of different variables on investment returns. This form of analysis is designed for project management and profitability forecasts, but you could use it for any type of uncertain projection. The practical benefit of using sensitivity analysis for

Does a Flexible Spending Account (FSA) cover Lasik?

June 30, 2024 No Comments

A: Flexible spending accounts (FSA) can be used to pay for qualifying LASIK procedures. LASIK is not the only laser eye surgery covered under an FSA but it is the most popular laser procedure in the United States. Qualifying Medical Expense According to the Internal

How do I become an underwriter?

June 30, 2024 No Comments

A: To become an insurance underwriter, you typically need a bachelor’s degree. However, some employers may hire you as an underwriter without a degree if you have relevant work experience and computer proficiency. To become a senior underwriter or underwriter manager, you need to obtain

Does a Flexible Spending Account (FSA) cover teeth whitening?

June 30, 2024 No Comments

A: Funds from a Flexible Spending Account (FSA) cannot be used for teeth whitening expenses. The U.S. Internal Revenue Service (IRS) issued Publication 502, Medical and Dental Expenses, which specifically excludes various medical expenses spent on unnecessary cosmetic procedures, such as teeth whitening. Flexible Spending

How do I calculate the combined ratio?

June 30, 2024 No Comments

A: The combined ratio is a quick and simple way to measure the profitability and financial health of an insurance company. The combined ratio measures whether the insurance company is earning more revenues from its collected premiums relative to the claims it pays out. The

Can I get dental insurance with Obamacare?

June 30, 2024 No Comments

A: The Patient Protection and Affordable Care Act, also known as Obamacare, allows you to obtain dental coverage through the federal insurance marketplace. You can obtain dental coverage at the Health Insurance Marketplace as part of a health plan or as a standalone dental insurance

Can I get renters insurance without a lease?

June 30, 2024 No Comments

A: Renters insurance does not require the policy owner to have a lease. For example, many college students acquire renters insurance policies to cover their personal property while they are living in dormitories. The renters insurance can also cover personal property while the goods are

Can my insurance company refuse me coverage?

June 30, 2024 No Comments

A: Insurance isn’t always as straightforward as other products, and insurers can deny coverage in many different instances. Non-Renewal of Insurance Coverage An insurance company is not obligated to renew an insurance policy for any of its policyholders. Should a policyholder have excessive claims or a change

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