Hello, I have some questions about finance ( life insurance ) please help me to answer them as soon as possible.

6) which of the following statement is incorrect regarding evaluating the financial soundness of insurers?

A- None of the individual financial ratios itself is determinative

B- Financial analysis can only rely on the financial data based on SAP

c- Relative level of the financial ratio is more informative than the absolute level of it

d- Collections of all the information should be used to form an overall impression

7) Life insurance companies main of debt is :

A- its corporate bonds

B- Policy reserve

C- Borrowing from banks

d- Leverage

8) what are the elements of life insurance used In the financial soundness evaluation?

A- Produce Availability, Surplus Adequacy, Asset Quality, Profitability and Liquidity

B- Surplus Adequacy, Asset Quality, Profitability, Liquidity, and Leverage

C- Surplus Adequacy, Asset Quality, Profitability, Ethical Behavior, and Leverage

d- Surplus Adequacy, Asset Quality, Profitability, Liquidity, Service Quality

9) Which of the following situations will result at least some of the death benefits being subject to income tax?

A- Henry dies and his insurance policy leaves a death benefit to his spouse, Henrietta

B- Kizzy dies in an automobile accident. Her life insurance policy death benefit generates a payoff to her mortgage.

C- Lois sells her policy in a viatical arrangement. The viator (i.e., the new owner) names himself the beneficiary and will receive the death benefit.

d- William dies and life insurance policy leaves a death benefit to all of his children.

10) In general, Premiums for personal insurance are not deductible for tax purposes. But under some circumstance, they are tax deductible. Which of the following statements is not correct?

A- Premiums on all annuity contracts are tax deductible.

B- Medical and LTC insurance premiums, if the premiums and medical expense exceed 7.5% of the individuals adjusted gross income. The amount in excess of the 7.5% limit is tax deductible.

C- Premium paid by employer for employees health/life insurance is tax deductible

d- Premium on life insurance payable to charity is tax deductible.