n NISM Certifications
NSM General NISM
Medium

Difference between Participating and Non-participating insurance products?

Practice question from IC 38 Mock Test 11 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Participating policies do not pay bonuses; non-participating do

  2. Participating shares surplus; non-participating has fixed benefits

    Correct answer

  3. C

    Participating invests in regulatory norms only

  4. D

    Participating more expensive

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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