The net premiums collected by a life insurer for a particular block of policies, plus interest income at an assumed rate, less assumed death benefits paid is called the

A) cash value.
B) retrospective reserve.
C) net amount at risk.
D) prospective reserve.

Answer: B

Business

You might also like to view...

A company's plan for how it will match its internal strengths and weaknesses with external opportunities and threats in order to maintain a competitive advantage.

Business

The right a mortgagor has to regain the property by paying the debt after a foreclosure sale is called

A) acceleration. B) redemption. C) reversion. D) recapture.

Business