n NISM Certifications
NSM General NISM
Medium

How are dividends distributed under the "Contribution" method?

Practice question from IC 38 Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Paid in cash

    Correct answer

  2. B

    Used to purchase additional coverage

  3. C

    Accumulated as a credit to the policyholder's account

  4. D

    Adjusted in future premium payments

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

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