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ohio life/health insurance study guide correct 100%(Scored A+)
- Exam (elaborations) • 12 pages • 2024
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Which statement best describes the tax responsibilities under a Business Overhead policy? - ANSWER Premiums are deductible, benefits are taxed 
 
In which type of insurance company may stockholders share in the profits and losses of the insurer? - ANSWER Stock 
 
In which company may policy owners receive policy dividends when there is a profit? - ANSWER mutual 
 
The law of large numbers states that - ANSWER Predictions become more accurate as the number of units being considered increases 
 
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