NONPARTICIPATING LIFE INSURANCE POLICY


Meaning of NONPARTICIPATING LIFE INSURANCE POLICY in English

Life insurance policy in which policyholders do not receive dividend s, because they are not participants in the interest , dividends , and capital gains earned by the insurer on premiums paid.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.