Which of the Following Is True of Life Insurance Companies

question 10

Multiple Choice

Which of the following is true of life insurance companies?

• A)Typically the type of assets that life insurance companies hold are corporate bonds,commercial mortgages,and corporate stock.
• B)The two typical forms of life insurance polices that are held can be classified as whole and variable life policies.
• C)The major risk that life insurance companies face is that payouts to policy holders are very hard to predict.
• D)Life insurance companies have suffered from wide spread failures.

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Definitions:

Budgeting Benefits

Advantages arising from planning and managing income and expenses, including better savings, reduced debt, and improved financial decision-making.