With regards to valuation of assets by insurance companies, _________ is the value at which the life insurer has purchased or acquired its assets.

A. Discounted future value

B. Discounted present value

C. Market value

D. Book value

Answer: Option D

Solution(By Examveda Team)

With regards to valuation of assets by insurance companies, Book value is the value at which the life insurer has purchased or acquired its assets.