life insurance

[paul123]

I would like to know how much cash on hand does a insurance company have to have for every dollar of insurance it sells. I have looked and googled everywhere and cannot find the answer. I even called Clark Howard and he did not know. What is the ratio?

[jIM_Ohio]

I would like to know how much cash on hand does a insurance company have to have for every dollar of insurance it sells. I have looked and googled everywhere and cannot find the answer. I even called Clark Howard and he did not know. What is the ratio?

This was covered when I received my insurance license, and it differs for the type of insurance.