Jerry Lewis is thinking about purchasing some life insurance.He goes to a company that is owned by shareholders.What type of life insurance company has he visited?

Question

Quizplus · Accepted Answer

Jerry Lewis has visited a stock life insurance company, which is characterized by being owned by shareholders who invest capital and potentially earn dividends from the company's profits. Unlike mutual companies, which are owned by the policyholders themselves, stock companies provide profits to shareholders rather than policyholders.

Jerry Lewis Is Thinking About Purchasing Some Life Insurance