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FLORIDA LIFE AND HEALTH 2-15 FINAL EXAM ACTUAL 100%
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---58May 20242023/2024A+
- FLORIDA LIFE AND 
HEALTH 2-15 FINAL 
EXAM ACTUAL 100% 
Mutualization - -The process of a stock company being 
to converted into a mutual company. 
Insurance - -1.Spreads the costs of the unexpected 
financial loss to many individuals or a large numbe of 
people, 
Life Insurance - -Guarantees a specific sum of money 
when someone dies. 
Health Insurance - -provides funds to cover medical 
bills due to sickness or injury and to also cover the loss of 
money because of a disability. 
Annuities - -P...
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