Insurance Verifier Question:
Download Job Interview Questions and Answers PDF
Tell us 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 theform of a dividend or reversionary bonuses. While, the non-participating policy, does not share their profit with insured.
Download Insurance Verifier Interview Questions And Answers
PDF
| Previous Question | Next Question |
| Tell us what is Paid Value? | Explain me what does ‘Indemnity’ term means? |