Q750
Identify the correct statement from the following:-
A.
Par policies do not participate in the profits of the insurance companies
B.
Under Traditional plans, investments are made without any regulatory supervision
C.
Non-participating policies could be offered in linked or non-linked platform
AnswerD.
Non-par policies are with profit policies
Answer: Option C
Solution
Answer: Option C
Solution:
Non-participating policies could be offered in linked or non-linked platform. Life insurance policy whose policyholders do not receive dividends, because they are not participants in the interest, dividends, and capital gains earned by the insurer on premiums paid.