Identify the correct statement from the following

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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.

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Identify the correct statement from the following:-

Solution (By Examveda Team)

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