Since there are no government entities that step in to guarantee liabilities of a life insurance company should it fail to satisfy its obligations, the pricing terms that life insurance companies offer on policies are related directly to their ____________ a. Total assets b. Securities and Exchange Commission rating c. Total liabilities d. Financial ratings

Pension funds are financed by contributions by a. The employer

b. The employee

c. The tax system, much like Medicare and Medicaid

d. Both A and B

e. All of the above