Which of the following services will NOT be offered by insurance companies?
A)taking deposits
B)selling policies with saving features
C)administrating pension funds
D)making payments to beneficiaries

Question

Quizplus · Accepted Answer

Insurance companies are not licensed to take deposits as it is the responsibility of banks and other financial institutions. The other options, such as selling policies with savings features, administrating pension funds, and making payments to beneficiaries, are all services typically offered by insurance companies.

Which of the Following Services Will NOT Be Offered by Insurance