Which of the Following Is a Difference in Characteristics Between

question 34

Multiple Choice

Which of the following is a difference in characteristics between life insurance companies and property and casualty insurance companies?

• A) Property and casualty policies are longer term.
• B) The type of policies offered by life insurance companies are less focused.
• C) Future compensation amounts paid on property and casualty policies are more difficult to forecast.
• D) Life insurance companies need to maintain a more liquid asset portfolio.