Question

Choosing from the listed options below, identify which is an expense for a life insurance company....

  1. Choosing from the listed options below, identify which is an expense for a life insurance company.

    1.

    loss reserves

    2.

    death benefits paid to a beneficiary

    3.

    unrealized capital gains

    4.

    realized capital losses.

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Answer #1

Death benefits paid to the beneficiary is an example of an expense for a life insurance company.

Answer: option (2).

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