Life insurers have more stringent investment regulations than property/casualty insurers because:
A) expected return on investment of life insurance is higher.
B) some of the contracts made by life insurers cover a longer period of time, even a lifetime.
C) expected return on investment of property/casualty insurance is higher.
D) contracts made by property/casualty insurers cover a longer period of time than life insurance contracts.
E) life insurance is considered more important in loss severity than property/casualty insurance.
Correct Answer:
Verified
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