{"id":36104,"date":"2024-05-01T06:33:37","date_gmt":"2024-05-01T06:33:37","guid":{"rendered":"https:\/\/www.greatassignmenthelp.com\/questions\/?p=36104"},"modified":"2024-05-01T06:33:37","modified_gmt":"2024-05-01T06:33:37","slug":"a-participating-insurance-policy-may-do-which-of-the-following-a-require-80-participation","status":"publish","type":"post","link":"https:\/\/www.greatassignmenthelp.com\/questions\/a-participating-insurance-policy-may-do-which-of-the-following-a-require-80-participation\/","title":{"rendered":"A participating insurance policy may do which of the following? a. require 80% participation"},"content":{"rendered":"
A participating insurance policy may do which of the following?<\/p>\n
a. require 80% participation<\/p>\n
b. pay dividends to the policy owner<\/p>\n
c. provide group coverage<\/p>\n
d. pay dividends to the stockholder<\/p>\n
Answer: <\/span>b. pay dividends to the policy owner<\/p>\n
A whole life participating policy is some favourable life insurance policy that entitles the policy owner to get the part of the insurance company’s profits in the form of returns. The dividends can be utilized by the policyowners to eliminate or decrease their premium payments, membership cash value, or to purchase additional coverage.<\/span><\/p>\n
Dividends are the peculiar characteristic of participating policies, which means that the policyowner becomes the part owner of the insurance company and therefore has the right to other benefits along with others who take part in the business. Dividends are sized considering the results of a company’s investment, the company’s mortality experience, as well as the necessary expenses for the company running, and which are not guaranteed.<\/span><\/p>\n
Via the sharing of dividends to policyowners, participating insurance policies offer a chance for policyholders to be paid with the company’s good performance, thus making participating insurance policies suitable for long-term savings investor and potential return seeker.<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"