Question

Jerry Lewis is thinking about purchasing some life insurance. He goes to a company that is owned by shareholders. What type of life insurance company has he gone to?

A. A stock life insurance company
B. A debt life insurance company
C. A mutual life insurance company
D. An exclusionary life insurance company

Answer 1

Jerry Lewis will go to a stock life insurance company.

A stock life insurance company is traded on an exchange such as the NYSE. By definition, a stock company is owned by its shareholders.

Answer 2

The correct answer for the question that is being presented above is this one: "A. A stock life insurance company." Jerry Lewis is thinking about purchasing some life insurance. He goes to a company that is owned by shareholders. The type of life insurance a company has to go is a stock life insurance company