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
D. Non-par policies are with profit policies
Answer: Option C
Solution(By Examveda Team)
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.Related Questions on Insurance
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