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Insurance License Texas Life and Health
?
Which of these describe a participating life insurance policy?
Policyowners are entitled to receive dividends
Policyowners pay assessments for company losses
Stock companies allow their policyowners to share in any company earnings
Policyowners are not entitled to vote for members of the board of directors
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (A)
Policyowners are entitled to receive dividends
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