Credit Card offers- Onile savings account- personal insurance » People http://www.cashorcredit24.com Find answers for all your financial problem Fri, 29 Apr 2011 17:58:04 +0000 en hourly 1 http://wordpress.org/?v=3.1.2 What percentage of insurance premiums are ever paid out by insurance companies to their customers? http://www.cashorcredit24.com/what-percentage-of-insurance-premiums-are-ever-paid-out-by-insurance-companies-to-their-customers http://www.cashorcredit24.com/what-percentage-of-insurance-premiums-are-ever-paid-out-by-insurance-companies-to-their-customers#comments Mon, 19 Oct 2009 02:31:08 +0000 admin http://www.cashorcredit24.com/what-percentage-of-insurance-premiums-are-ever-paid-out-by-insurance-companies-to-their-customers insurance
Brad asked:


Considering that the insurance industry uses the government to force people to buy their product and frequently advertises on TV, it doesn’t seem like a very high percentage of premiums are paid out. Does the insurance industry pay out even half of its revenues in claims? A quarter? 10 percent?

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