« previous next »

Author Question: The difference between the present value of future benefits payable under a life insurance policy ... (Read 142 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?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Basic overview of energy and human life. Basic overview of energy and human life.
Hepatitis B Life Cycle Hepatitis B Life Cycle
Jan de Heem, Still Life with Lobster. Jan de Heem, Still Life with Lobster.
Benefits and Drawbacks of Aquaculture "فوائد وعيوب تربية الأحياء" Benefits and Drawbacks of Aquaculture "فوائد وعيوب تربية الأحياء"
Life Cycle Nutrition: Pregnancy through Infancy Life Cycle Nutrition: Pregnancy through Infancy
Video: Basic rhythm - control centers in medulla oblongata, spirograph and normal tidal cycle

For a complete list of videos, visit our video library