Which kind policies are not entitled bonuses?

A. Non participatory

B. Money back

C. Children’s

D. Whole life

Answer: Option D

Solution(By Examveda Team)

Whole life policies are not entitled for bonuses. Not all life insurance policies are entitled to receive the bonus amount. Only participating (with-profit) policies qualify for the bonus and the policyholders holding a participating life insurance policy will only qualify for the bonus payout.