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.

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Definitions:

Full Rotation

The movement of an object in a circular path, completing 360 degrees around an axis.

PTO Driveshafts

PTO driveshafts, short for Power Take-Off driveshafts, are components used to transfer mechanical power from a vehicle, like a tractor, to another piece of equipment or machinery.

Solid Steel Stock

A form of steel material that is completely solid, used for a variety of industrial and construction applications.

Precision Balancing

A process of adjusting the mass distribution of a rotating component so that it operates without causing undue vibration.