Exam 22: Investors and the Investment Process

A ________ insurance policy provides death benefits, with no buildup of cash value.

When life insurance companies seek long term investments, they are focusing on________.

Earnings on variable life and universal life insurance policies are ________.

To ________ means to mitigate a financial risk.

One of the major functions of the investment committee is to ________.

The amount of risk an individual should take depends on his or her: I. Return requirements II. Risk tolerance III. Time horizon