What kind of life insurance policy issued by a mutual insurer provides a return of divisible surplus?

A) nonparticipating life insurance policy
B) participating life insurance policy
C) divisible surplus life insurance policy
D) straight life insurance policy

Ans: B) participating life insurance policy

Business

You might also like to view...

Goal setting is a specific planning process for managing

a. performance b. budgets c. outcomes d. actions

View
Business

Insurance should be considered even when there is a high likelihood than an event will cause a small financial loss

Indicate whether the statement is true or false.

View
Business