1643. Identify the correct statement from the following:-

Par policies do not participate in the profits of the insurance companies
Under Traditional plans, investments are made without any regulatory supervision
Non-participating policies could be offered in linked or non-linked platform
Non-par policies are with profit policies
✅ The correct answer is C.
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.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top