ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    Question

    The conversion of insurance companies from mutual

    companies owned by their policyholders into publicly traded stock companies is termed as?
    A Affinity sales Correct Answer Incorrect Answer
    B Demutualization Correct Answer Incorrect Answer
    C Annuitization Correct Answer Incorrect Answer
    D Fiduciary Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Demutualization is when a mutual company owned by its members converts into a company owned by shareholders.

    Practice Next
    More Insurance Awareness Questions
    ask-question