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 268 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
:D TYSM


ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

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?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

For a complete list of videos, visit our video library