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

Expert Solution

Ans b) participating

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

It is a conceptual answer.

jeff jeffy answered 2 years ago

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