Fiona is considering a career in the insurance industry in Canada. Which of the following statements about the industry is not true? All life insurance agents and brokers must be licensed by their province of residence except for those working for direct marketing companies A. Automobile and Home insurance is also known as Property and Casualty insurance The life insurance industry is highly regulated by the provincial and federal governments C. An underwriter assesses risk and an actuary prices risk D. B.
Fiona is considering a career in the insurance industry in Canada. Which of the following statements about the industry is not true? All life insurance agents and brokers must be licensed by their province of residence except for those working for direct marketing companies A. Automobile and Home insurance is also known as Property and Casualty insurance The life insurance industry is highly regulated by the provincial and federal governments C. An underwriter assesses risk and an actuary prices risk D. B.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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14
Transcribed Image Text:Fiona is considering a career in the
insurance industry in Canada. Which of the
following statements about the industry is
not true?
All life insurance agents and
brokers must be licensed by
their province of residence
except for those working for
direct marketing companies
A.
Automobile and Home
insurance is also known as
Property and Casualty
insurance
The life insurance industry is
highly regulated by the
provincial and federal
C.
governments
D.
An underwriter assesses risk
and an actuary prices risk
B.
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