Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4. An insurance company needs ______ liquidity if its claims are ____ predictable. A. less; less B. more; more C. less; more D. more; less

4. An insurance company needs ______ liquidity if its claims are ____ predictable.

A. less; less B. more; more C. less; more D. more; less E. claim predictability doesnt impact liquidity

5. Life insurance companies do not have ____ as a typical source of funds.

A. Deposit insurance premiums B. Annuity plans C. Investment income D. Life insurance premiums E. Health insurance premiums

6. Policyholders can borrow from their Life Insurance Company against their policies in __________

A. endowment loans B. ordinary life loans C. policy loans D. separate account loans E. surrender value loans

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A Treatise On The Law Pertaining To Corporate Finance

Authors: William A. Reid

1st Edition

111793568X, 9781117935683

More Books

Students also viewed these Finance questions