A life insurance policy that pays dividends is known as a participating policy a Identify the sources from which dividends can be paid b List the various dividend options in a typical life insurance policy c Can an insurer guarantee the payment of a dividend Explain your answer ...

a Dividends are paid from three principal sources 1 Th ...

A life insurance policy that pays dividends is known as a participating policy. a. Identify the sources

Question:

A life insurance policy that pays dividends is known as a participating policy.
a. Identify the sources from which dividends can be paid.
b. List the various options in a typical life insurance policy.
c. Can an insurer guarantee the payment of a Explain your answer.

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...