Explain How Dividends May Be Used When Distributed to the Policy

question 23

Essay

Explain how dividends may be used when distributed to the policy owner in a participating contract.

---

Definitions:

Compulsion

A psychological condition characterized by the urgent need to perform certain behaviors or rituals repetitively, often a symptom of obsessive-compulsive disorder.

Obsession

Persistent and intrusive thoughts or impulses that cause distress or anxiety, often a symptom of obsessive-compulsive disorder (OCD).

Regression

Psychological defense mechanism in which a person falls back on childlike patterns of responding in reaction to stressful situations.

Depression

A psychological condition displayed by perpetual sadness or a withdrawal from activities, profoundly disturbing day-to-day life.