life insurance policyholder may borrow the cash value from their life insurance policies. where are life...

life insurance policyholder may borrow the cash value from their life insurance policies. where are life insurance policy loans shown on life insurance company's financial statements ?
A) as an asset.
B) as income.
C) as an expense.
D) as a liability.

Expert Solution

Life insurance policy loans are shown as an asset on the life insurance company's financial statements, this is because the life insurance company will receive cash inflow from the loans as it is the lender.

jeff jeffy answered 2 years ago

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