IDAHO INSURANCE CASUALTY &PROPERTY EXAM2024/2025 NEWEST !!! COMPLETE ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS

policy holders own Mutuals, have the management
members chosen by the policy holders, and pay dividends to the
policy holders.
c.Stock companies and mutuals both pay dividends to the policy
holders.
d.Stock companies are owned by the policy holders but mutuals are
owned by the stock holders. - ANSWER-b
For a business, Extra Expense would cover: a.payment
of normal payroll
b.rebuilding the structure
c.lost business income
d.rental of substitute space [Show Less]