Kim purchased a one-year property insurance policy. She agre…

Kim purchased a one-year property insurance policy. She agreed to pay half the premium when she bought the coverage, and the other half six months later. If Kim fails to pay the second premium, the insurer cannot sue her for the premium because insurance contracts are

Which of the following statements is (are) true about life i…

Which of the following statements is (are) true about life insurance company investments?I.The majority of life insurance company general account assets are invested in bonds. II.The majority of life insurance company separate account assets are invested in stocks.