Which of the following statements is false?
A) Pension plans and life insurance are often both offered by the same institution.
B) Life insurance companies hold more in stocks than pension funds do.
C) Life insurance pays off when you die while the pension plan pays off if you don't.
D) They are both vehicles for saving.

Question

Quizplus · Accepted Answer

Pension funds hold more stocks than life insurance companies, as pension funds have a long-term investment horizon and can afford to take on more risk. Life insurance companies tend to hold more conservative investments to ensure they can meet their policyholder obligations in the event of death.

Which of the Following Statements Is False