Insurance Companies Sell Shares in Their Firms to Individuals and Invest

question 137

True/False

Insurance companies sell shares in their firms to individuals and invest the pooled proceeds in corporate and government securities.

---

Definitions:

Medical Diagnoses

The process of identifying diseases or conditions by their signs, symptoms, and from the results of various diagnostic tests.

Loss of Independence

A state or condition in which an individual is unable to perform daily activities or make decisions autonomously, often due to aging or health issues.

Religiosity

Religiosity encompasses the beliefs, practices, rituals, and ceremonies associated with religion that an individual engages in or values.