_____ Usually Refers to the Number of Deaths Each Year

question 55

Multiple Choice

_____ usually refers to the number of deaths each year per 100,000 members of a given population.

• A) Mortality
• B) Morbidity
• C) Disability
• D) Vitality

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Definitions:

Insurance Company

A financial institution that provides coverage, compensating financial losses during events like accidents, theft, or natural disasters, in exchange for premiums.

Pension Fund

A type of investment pool established for the purpose of managing and investing collected retirement savings for members.

Common Stocks

Equity securities that represent ownership in a corporation, entitling holders to dividends and, in most cases, voting rights.

Discount Rate

The interest rate charged by central banks for loans to commercial banks or the rate used in discounted cash flow analysis to determine the present value of future cash flows.