Which Statement Is Correct Regarding Stock Life Insurance Companies

question 94

Multiple Choice

Which statement is correct regarding stock life insurance companies?

• A) A stock company sells participating policies.
• B) A stock company always charges higher premiums than mutual companies.
• C) A policyholder participates in the profit or loss of the company.
• D) A stock company generally sells nonparticipating (non par) policies.
• E) A stock company is owned by policyholders.

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Definitions:

Task Leadership

A style of leadership that focuses primarily on the accomplishment of tasks and objectives, ensuring that team members have clear roles and goals.

Interviewer Illusion

A bias during selection processes where an interviewer overestimates their ability to choose the right candidate based on limited observation and interaction.

Habitual Behaviors

Actions or practices that are performed regularly, often unconsciously, as part of an individual's routine.

Enduring Traits

Persistent characteristics or qualities of an individual's personality that are stable over time and across situations.