A life insurance company that shares its suplus earnings with its insureds is known as?

A life insurance company that shares its suplus earnings with its insureds is known as?


A) a participating company.

B) a fraternal organization.

C) an association.

D) an admitted company.



Answer: A) a participating company.

Comments

Popular posts from this blog

Give the von Neumann-Morgenstern utility function.

Life income joint and survivor settlement option guarantees