Paul is shopping for a life insurance policy. An agent asked Paul if he would like to purchase a participating policy. What is a “participating” policy?
A) a policy which has a cash value
B) a policy which pays dividends
C) a policy which invests in common stock
D) a policy which provides for an increasing death benefit
ANSWER
Answer: B
Place an order in 3 easy steps. Takes less than 5 mins.