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GA Life Insurance Exam Questions With Answers
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10
September 2024
2024/2025
A+
Who elects the governing body of a mutual insurance company? - CORRECT
ANSWER-policyholders
What year was the McCarran-Ferguson Act enacted? - CORRECT ANSWER-1945
A nonprofit incorporated society that does not have capital stock and operates for the
sole benefit of its members is known as: - CORRECT ANSWER-a fraternal benefit
society
The stated amount or percent of liquid assets that an insurer must have on hand that
will satisfy future obligations to its policyholders is ...
ACADEMICS56
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