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JamesLu JamesLu
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7 years ago
Life insurance policyholders may borrow the cash value from their life insurance policies. Where are life insurance policy loans shown on a life insurance company's financial statements?
A) as an asset
B) as a liability
C) as income
D) as an expense
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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ownzore3ownzore3
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7 years ago
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JamesLu Author
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#2
6 years ago
Honestly you're the best
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