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.
NONPARTICIPATING LIFE INSURANCE POLICY
Meaning of NONPARTICIPATING LIFE INSURANCE POLICY in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012