When selling life annuities, what risk is the insurer pooling?

A) bad investment performance
B) premature death
C) bad expense experience
D) excessive longevity

Answer: D

Business

You might also like to view...

Describe the International Securities Enforcement Cooperation Act of 1990

What will be an ideal response?

Business

Administrative agencies are created by the judicial branch

Indicate whether the statement is true or false

Business