The three major cash flow components include the initial investment, operating cash flows, and terminal cash flow

Describe the major trends in the natural environment that marketers need to be aware of

What will be an ideal response?

Why are some mutual insurers referred to as "assessment mutuals"?

A) They charge low premiums because the loss exposures of their insureds are thoroughly assessed before a policy is written. B) They are noted for being very thorough in their assessment of investment opportunities. C) They are assessed for state premium taxes only if they make a profit. D) They can assess policyholders if premiums are insufficient to pay losses and expenses.