Question

In: Finance

If a life insurance policy pays dividends, it is said to be a universal life b...

If a life insurance policy pays dividends, it is said to be

a

universal life

b

participating

c

investment grade

d

paid-up

e

extended

Solutions

Expert Solution

Ans b) participating

If a life insurance policy pays dividends, it is said to be participating policies.

It is a conceptual answer.


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