Which of the following statements is true about fraternal insurers?
A)They are a form of stock insurer.
B)They specialize in writing life and health insurance.
C)They are taxed more heavily than other types of insurers because of discriminatory marketing practices.
D)They account for the majority of life insurance in force in the United States.

Question

Quizplus · Accepted Answer

Fraternal insurers specialize in writing life and health insurance, often for members of specific groups such as religious or fraternal organizations. They are not a form of stock insurer and do not account for the majority of life insurance in force in the United States. There is no evidence that they are taxed more heavily due to discriminatory marketing practices.

Which of the Following Statements Is True About Fraternal Insurers