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14 October, 14:11

Todd plans to purchase a life insurance policy from a stock life insurance company. what kind of policy is he planning to purchase?

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  1. 14 October, 14:30
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    A stock insurance company is a corporation owned by its stockholders and its main objective is to make a profit for them. Stock or shareholders differ from policyholders because the latter do not share directly in the profits of the company Todd plans to purchase a life insurance policy from a stock insurer because he wants something where he can buy shares and be a shareholder of the company instead of just being a policyholder.
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