« previous next »

Author Question: The difference between the present value of future benefits payable under a life insurance policy ... (Read 156 times)

sdfghj

  • Hero Member
  • *****
  • Posts: 552
on: Jul 11, 2018
The difference between the present value of future benefits payable under a life insurance policy and the present value of net premiums for the policy is the policy's
 
  A) retrospective reserve.
  B) policyholders surplus.
  C) prospective reserve.
  D) admitted assets.

Question 2

The gross premium is defined as
 
  A) the net premium plus the loading allowance.
  B) the terminal reserve plus the commission.
  C) the net premium minus expenses.
  D) the sum of all acquisition expenses.


coreycathey

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: C

Answer to Question 2

Answer: A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

season of life season of life
Habitat reconstruction is possible based on the kinds of plants present at past sites. Habitat reconstruction is possible based on the kinds of plants present at past sites.
As their numbers grow and their resources and health improve, the elderly will enjoy life more and ... As their numbers grow and their resources and health improve, the elderly will enjoy life more and ...
Life cycle of Entamoeba histolytica. Life cycle of Entamoeba histolytica.
Benefits and costs of herbicide applications Benefits and costs of herbicide applications
Life cycle of a typical flowering plant. Life cycle of a typical flowering plant.
Video: Ventilation - phases and driving forces

For a complete list of videos, visit our video library