It’s true that a participating policy is one in which the insured receives a dividend or other advantages from the insurance company in the form of reversionary bonuses. The non-participating insurance, however, does not distribute any profits to the insured. True or false leave your comment
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There are two kinds of life insurance policies: participating and non-participating. The two differ mainly in how much the policyholders share in the insurance company's financial success and profits. Between these two categories of policy, there are a few key differences to note. In a participatingRead more
There are two kinds of life insurance policies: participating and non-participating. The two differ mainly in how much the policyholders share in the insurance company’s financial success and profits. Between these two categories of policy, there are a few key differences to note. In a participating policy, policyholders take an active role in the insurance company’s financial success and profits.
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