A life insurance company is a financial intermediary that sets up a stock portfolio of shares of companies and then sells shares of the stock portfolio to investors.

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A life insurance company is a financial intermediary that provides life insurance policies to individuals or groups in exchange for premiums. They invest the premiums into various investment vehicles, including stocks, bonds, and real estate, to generate returns and ensure they have funds to pay out claims to policyholders. However, they do not typically sell shares of the stock portfolio to investors.

A Life Insurance Company Is a Financial Intermediary That Sets