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An insurance company is
A. not a financial intermediary because they do not take direct deposits and do not make loans.
B. a financial intermediary because they take premiums and use them to purchase financial securities.
C. not a financial intermediary because financial intermediaries act as a​ go-between for borrowers and lenders.
D. a financial intermediary because they take deposits and make mortgages and car loans.

Answer :

Answer:

B. a financial intermediary because they take premiums and use them to purchase financial securities

Explanation:

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