All of the following are shown on an insurer's income statement, EXCEPT

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All of the following are shown on an insurer's income statement, EXCEPT

A. Net underwriting gain (loss)
B. Net investment income
C. Unearned premium reserve
D. Net income

Answer: C.The unearned premium reserve is shown on an insurer's balance sheet. Net underwriting gain (loss), net investment income, and net income are shown on an insurer's income statement

Insurance

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An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay?

An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay? a) $0 b) $30,000 c) $32,000 d) $40,000 Answer: B

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Hannah is six months pregnant when she switches jobs. Which law ensures that Hannah's "pre-existing condition" will be covered under her new health insurance plan?

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