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    Question

    The conversion of insurance companies from mutual

    companies owned by their policyholders into publicly traded stock companies is termed as?
    A Affinity sales Correct Answer Incorrect Answer
    B Demutualization Correct Answer Incorrect Answer
    C Annuitization Correct Answer Incorrect Answer
    D Fiduciary Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Demutualization is when a mutual company owned by its members converts into a company owned by shareholders.

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