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Author Question: What major feature distinguishes a participating policy from a nonparticipating policy? A) the ... (Read 7 times)

fagboi

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  • Posts: 535
on: Jul 11, 2018
What major feature distinguishes a participating policy from a nonparticipating policy?
 
  A) the availability of a waiver-of-premium provision
  B) the existence of settlement options
  C) the payment of dividends
  D) the method by which beneficiaries can be named

Question 2

Which of the following is a common dividend option found in a participating life insurance policy?
 
  A) reduced paid-up insurance
  B) fixed period
  C) paid-up additions
  D) life income


Bigfoot1984

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: C

Answer to Question 2

Answer: C


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