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 267 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


T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

For a complete list of videos, visit our video library