Donna Owns a Life Insurance Policy on Her Husband Mike

question 28

True/False

Donna owns a life insurance policy on her husband Mike through Securitas Mutual Life Insurance Company. As a policyholder, she also owns part of the company.

---

Definitions:

Cooperative Stores

Retail establishments owned and operated by their consumers to achieve better prices and quality in goods and services.

Prices For Commodities

Prices for commodities refer to the market prices for raw materials or primary agricultural products.

George Pullman

An American engineer and industrialist who designed and manufactured the Pullman sleeping car and founded a company town for his workers, contributing to the development of labor relations in the United States.

Model Factory Town

A planned community designed primarily for the housing of factory workers and the functionality of a particular industry, promoting efficiency and productivity.