Death Benefits Clerk Question:
Please explain what is the difference between the participating and non-participating policy?
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.
Previous Question | Next 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? |