This topic contains a solution. Click here to go to the answer

Author Question: Which of the following statements is true about fraternal insurers? A) They are legally organized ... (Read 274 times)

sdfghj

  • Hero Member
  • *****
  • Posts: 552
Which of the following statements is true about fraternal insurers?
 
  A) They are legally organized as stock insurers.
  B) They specialize in writing life and health insurance.
  C) They are taxed more heavily than other types of insurers because of discriminatory marketing practices.
  D) They account for the majority of life insurance in force in the United States.

Question 2

Which of the following statements about mutual insurers is true?
 
  A) They are legally organized as partnerships.
  B) They have a board of directors which is selected by state insurance departments.
  C) They are owned by their stockholders.
  D) They may pay dividends to their policyholders.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

maaaaaaaaaa

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

Answer: B

Answer to Question 2

Answer: D




sdfghj

  • Member
  • Posts: 552
Reply 2 on: Jul 11, 2018
Wow, this really help


LegendaryAnswers

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

For a complete list of videos, visit our video library