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____ institutions are financial institutions that deal with insurance policies and pension funds.

User Mikiqex
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1 Answer

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Answer:

The correct answer is contractual institutions.

Step-by-step explanation:

Contract savings institutions are those that include provident funds, life insurance companies, private-sector pension funds, and social insurance systems. These companies have long-term liabilities and stable cash flows. For these reasons is that they are the ideal providers of long-term financing, both for government, industry, municipal entities and the housing sector.

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User Khristie
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