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vredina [299]
3 years ago
11

Todd plans to purchase a life insurance policy from a stock life insurance company. what kind of policy is he planning to purcha

se?
Business
1 answer:
Ad libitum [116K]3 years ago
4 0

A stock insurance company is a corporation owned by its stockholders and its main objective is to make a profit for them. Stock or shareholders differ from policyholders because the latter do not share directly in the profits of the company  Todd plans to purchase a life insurance policy from a stock insurer because he wants something where he can buy shares and be a shareholder of the company instead of just being a policyholder.

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