The Primary Source of Funds for a Life Insurance Company

question 24

Multiple Choice

The primary source of funds for a life insurance company income is

• A) life insurance premiums.
• B) annuity plans.
• C) health insurance premiums.
• D) investment income.
• E) none of the above

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Definitions:

Trend Analysis

The practice of collecting information and attempting to spot a pattern, or trend, in the information.

Simple Regression

A statistical method used to model the relationship between a single independent variable and a dependent variable.

Independent Variable

In statistical analysis, a variable that is manipulated to determine its effects on a dependent variable.

Scenario Forecasting

A planning technique involving the analysis of future conditions by considering alternative possible outcomes or scenarios, typically to aid in decision-making.