Jerry Lewis is thinking about purchasing some life insurance. He goes to a company that is owned by shareholders. What type of life insurance company has he gone to?

AA stock life insurance company
BA debt life insurance company
CA mutual life insurance company
DAn exclusionary life insurance company

Verified Answer :

The correct answer for the question that is being presented above is this one: "A. A stock life insurance company." Jerry Lewis is thinking about purchasing some life insurance. He goes to a company that is owned by shareholders. The type of life insurance a company has to go is a stock life insurance company

Jerry Lewis will go to a stock life insurance company.

A stock life insurance company is traded on an exchange such as the NYSE. By definition, a stock company is owned by its shareholders.