Policy Dividends Paid on Participating Policies Are a Return of Unused

question 132

True/False

Policy dividends paid on participating policies are a return of unused premium based upon the claims experience of the mutual insurance company.

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Definitions:

Psychological Problems

Mental or emotional issues affecting an individual's thinking, behavior, and ability to function, often requiring clinical intervention.

Sigmund Freud

An Austrian neurologist best known for developing the theories and techniques of psychoanalysis.

Applied Psychology

This refers to the use of psychological methods and findings of scientific psychology to solve practical problems of human and animal behavior and experience.

Behaviourism

A field of psychology that focuses on observing and analyzing how behavior is learned and influenced by the environment, without invoking thoughts or feelings.