True or False: $(5)$

$10.\_\_\_\_\_\_\_\_\_$ Employment opportunities in the insurance industry are narrow and limited

$11.\_\_\_\_\_\_\_\_\_$ The major assets of an insurance company are inventories of blank policy

applications

$12.\_\_\_\_\_\_\_\_\_\_$ If an insurance company is using facultative reinsurance, it must look for a

reinsurer each time the company uses reinsurance.

$13.\_\_\_\_\_\_\_\_\_\_\_$ A Property and Liability premium can be described as earned when it is

paid to the insurance company.

$14.\_\_\_\_\_\_\_\_\_$ The two major sources of revenue for an insurance company are premiums

and investment income.