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

A stock insurance company is owned by shareholders, who invest in the company and expect to see returns on their investment through profits and dividends. This is different from a mutual insurance company, which is owned by its policyholders and operates as a non-profit organization. Jerry's visit to a company owned by shareholders suggests that it is a stock insurance company.

Jerry Lewis Is Thinking About Purchasing Some Life Insurance