Separate Accounts Business Only Appears as a Liability on a Life

question 53

True/False

Separate accounts business only appears as a liability on a life insurer's balance sheet.

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Definitions:

Respiratory Infection

An infection of the lungs, throat, or sinuses, often caused by bacteria, viruses, or fungi, leading to symptoms such as coughing, sneezing, and shortness of breath.

Virus

A microorganism that can only replicate inside the living cells of an organism and is capable of causing disease.

Rhonchus

A coarse rattling sound somewhat like snoring, usually caused by secretions in bronchial airways.

Rhonch

A low-pitched, snore-like sound heard upon auscultation of the chest, often caused by obstruction of the airways.