Which statements about life insurance companies is false

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Question 1: Which of the following statements about life insurance companies is false?

Option 1: As inflows of funds are relatively predictable, they have a very stable level of liabilities.

Option 2: Life insurance companies have greatly increased their assets over the past decade.

Option 3: Life insurance companies sell contracts that offer financial cover against premature death.

Option 4: Life insurance companies have large amounts of short-term liquid securities.

Reference no: EM132608769

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