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Exam (elaborations)
ALABAMA LIFE INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS
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---6May 20242023/2024A+
- What are commercial insurers also referred to as? - ANSWERS Private Insurance 
Companies 
Commercial Insurers are in the business of selling insurance for ___ ________. - 
ANSWERS a profit 
What two groups can commercial insurance be broken into? - ANSWERS Stock 
Companies & Mutual Insurers 
What is a stock insurer? - ANSWERS incorporated to make a profit for its stockholders. 
nonparticipating because the policyholders do not receive dividends unless they are 
stockholders. dividends are su...
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