Death Benefits Clerk Question:

Download Job Interview Questions and Answers PDF

Please explain what is the difference between the participating and non-participating policy?

Death Benefits Clerk Interview Question
Death Benefits Clerk Interview Question

Answer:

Participating policy is a policy, where the profit or benefits of the insurance company is shared with the insured in the form of a dividend or reversionary bonuses. While, the non-participating policy, does not share their profit with insured.

Download Death Benefits Clerk Interview Questions And Answers PDF

Previous QuestionNext Question
Tell us what personal weakness has caused you the greatest difficulty in school or on the job?Explain me can an individual take two policies and claim for both of them?