Which of the below statements is FALSE?
A) Companies that provide insurance in both life and long-term care insurance products are called multiline insurance companies.
B) Health insurance has predominately, but not completely, separated from life insurance and become a separate industry.
C) Life insurance companies have also increasingly offered investment-oriented products, both annuities, variable and fixed, and mutual funds.
D) Disability insurance is now sold primarily by pure disability companies but is also offered by some life insurance companies.
Correct Answer:
Verified
Q12: Insurance companies are monitored by _.
A) their
Q13: Which of the below is TRUE of
Q14: A _ is similar in structure to
Q15: There are two very important differences between
Q16: _ policies allow the policy owners to
Q18: A new form of insurance company, which
Q19: Mutual insurance companies can adopt a longer
Q20: Insurance companies provide insurance policies for which
Q21: The passage of the Financial Modernization Act
Q22: In regards to the Gramm-Leach-Bliley Act (GLB),
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