For which of the following reasons would a domestic insurer set up separate accounts?
A) To simplify its bookkeeping system and allow for variables
B) To provide for annuities to be payable in fixed or variable amounts or for variable life insurance
C) To pay claims to individual claimants for different classes of insurance
D) To justify the volatility of investment returns"
Ans: B) To provide for annuities to be payable in fixed or variable amounts or for variable life insurance
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In order to activate the reinstatement clause of a lapsed life insurance policy, the insured MUST
A) remit all past-due premiums within the grace period B) provide evidence of insurability to the insurer C) resubmit a new life insurance application D) provide a valid reason for the lapse
"The input to the encryption algorithm is the XOR of the next 64 bits of plaintext and the preceding 64 bits of ciphertext" is a description of the ________ mode of operation
What will be an ideal response?