The largest asset category of life insurers is ________ and the largest liability category is ________.
A) bonds; separate account items
B) separate account items; current policy claims
C) bonds; policy reserves
D) policy reserves; mortgage loans
E) common stock; dividend reserve
Correct Answer:
Verified
Q17: A whole life insurance policy pays the
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Q19: A 65-year-old person has saved $1,250,000 and
Q20: Property loss risk is generally easier to
Q21: An insurance line has a loss ratio
Q23: A policyholder wishes to annuitize the cash
Q24: Property and casualty insurers hold _ short-term
Q25: In 2016 the average combined ratio after
Q26: Which of the following statements are true?
I.
Q27: An investor has $25,000 that he can
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