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John owns an insurance policy that gives him the right to share in the insurer’s surplus. What kind of policy is this?
Options
A) Nonparticipating
B) Participating
C) Contributory
D) Surplus
Answer: B) Participating
The above question John owns an insurance policy that gives him the right to share in the insurer’s surplus. What kind of policy is this?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.