To Protect Policyholders,state Laws Place Limitations on a Life Insurance

question 19

Multiple Choice

To protect policyholders,state laws place limitations on a life insurance company's investments.The assets backing interest-sensitive products,such as variable life insurance and variable annuities,are not subject to these restrictions.Assets backing interest-sensitive products are placed in a special account called the life insurer's

• A)policy reserve account.
• B)policy loan account.
• C)separate account.
• D)policyholders surplus.

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Definitions:

Enterogastric Reflex

A physiological reflex controlling the movement of food from the stomach to the small intestine, inhibiting gastric motility and secretion when the small intestine is overloaded.

Gastric Motility

The movements of the stomach muscles that mix and propel contents through the gastrointestinal tract.

Enteric Plexus

A network of neurons located in the gastrointestinal tract walls that helps regulate the digestive process.

Submucosal Plexus

Gangliated plexus of unmyelinated nerve fibers in the intestinal submucosa.