This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Life insurance policyholders may borrow the cash value from their life insurance policies. Where are ... (Read 99 times)

a0266361136

  • Hero Member
  • *****
  • Posts: 538
on: Jul 11, 2018
Life insurance policyholders may borrow the cash value from their life insurance policies. Where are life insurance policy loans shown on a life insurance company's financial statements?
 
  A) as an asset
  B) as a liability
  C) as income
  D) as an expense

Question 2

Which of the following statements about property and casualty insurance company operating results is (are) true?
 
  I. An insurance company can have a combined ratio greater than 1 (or 100 percent) and still be required to pay income taxes.
  II. By all measures, the property and casualty insurance industry is highly profitable when compared to other industries.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bobsmith

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: A


a0266361136

  • Member
  • Posts: 538
Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)

dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

The life cycle of the genus Pinus The life cycle of the genus Pinus
Situation in a Guy's Life Situation in a Guy's Life
(a) The relative age ranges of different dating techniques depend upon the half-life of the system u (a) The relative age ranges of different dating techniques depend upon the half-life of the system u
The early stages of the human life cycle. The early stages of the human life cycle.
Life cycle of Obelia, a hydrazoan that has alternating medusa (left) and polyp generations Life cycle of Obelia, a hydrazoan that has alternating medusa (left) and polyp generations
Half-life explained Half-life explained
Video: Egg and Sperm Formations in Animals Animation

For a complete list of videos, visit our video library