Exam (elaborations)
AIAF 3: Life Insurer Financial Statements (Questions + Answers) Solved
- Module
- Institution
Two unique life insurer asset accounts - Answer--Policy Loans: Required by all states; loan by an insurer to a PH with the cash value of the PH life ins policy as collateral. Upon policy termination, the unpaid balance is subtracted from the policy benefit -Separate accounts: Established solely ...
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