Examveda
Examveda

The dividends declared under contribution method can be

A. Paid by cash or by reducing future premiums

B. Allowed to purchase non-forfeitable paid up additions

C. Accumulated with interest to be withdrawn at the option of the policy holder

D. None of the three

Answer: Option D

Solution(By Examveda Team)

The dividends declared under contribution method cannot be any of the above.

This Question Belongs to Commerce >> Insurance

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