Which Statement Is Correct Regarding Stock Life Insurance Companies

question 118

Multiple Choice

Which statement is correct regarding stock life insurance companies?

• A)A stock company sells participating policies.
• B)A stock company always charges higher premiums than mutual companies.
• C)A stockholder receives a policy dividend.
• D)A stock company generally sells nonparticipating policies.
• E)A stock company is owned by policyholders.

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