Which of the following is false?
A) Stock companies generally sell nonparticipating policies.
B) A participating policy usually has a somewhat higher premium than a comparable nonparticipating policy.
C) Mutual companies generally sell participating policies.
D) You can expect to receive a policy dividend from a stock company.
E) Part of the premium is refunded to the policyholder in a participating policy.
Correct Answer:
Verified
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