Which of the following statements regarding a stock insurer is NOT true?

A) It is owned by shareholders.
B) The operations are overseen by a board of directors.
C) The policies are participating policies.
D) Profits may be distributed as dividends."

Ans: C) The policies are participating policies.

Business

You might also like to view...

Any standard health insurance policy provision that is in conflict with a state statute

A) is deleted entirely from the policy B) is kept in the policy verbatim, but with a rider added C) is automatically amended to conform to the state statute D) supersedes the statute and remains in force

Business

Showing how Windex makes a dirty window sparkle would be which type of executional framework?

A) dramatization B) testimonial C) demonstration D) illustrative

Business