Solved

General Insurance Companies Hold More Liquid Assets Than Life Insurance

Question 77

Multiple Choice

General insurance companies hold more liquid assets than life insurance companies because:


A) they have a legal requirement to do so.
B) events such as fires and earthquakes are difficult to predict.
C) more people try to get payouts from them by fraud.
D) there are more items covered under a general insurance policy so there are more payouts to the insured.

Correct Answer:

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