Loans to policyholders further increase the stability of cash flows for the insurance industry.
Correct Answer:
Verified
Q14: The bulk of life insurance companies' funds
Q15: Insurance companies invest in long-term securities due
Q16: In order to increase their yield and,
Q17: Because of their high yields life insurance
Q18: The insurance principle states that individual risk
Q20: Since the life insurance industry is "vested
Q21: Most insurance companies have expanded into the
Q22: Property-casualty insurers have diversified into many different
Q23: Because property-casualty insurance companies are taxed virtually
Q24: Most property-casualty insurance firms plan to break
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