Which of the Following Is True Regarding Policy Dividends from Insurance

question 53

Multiple Choice

Which of the following is true regarding policy dividends from insurance?

• A)They only apply to Universal Life policies.
• B)They are investment distributions.
• C)They only apply to participating policies.
• D)They are taxable profits to shareholders.

---

Definitions:

Memory

The cognitive process that involves encoding, storing, and retrieving information from the past.

Metacognition

Awareness and understanding of one's own thought processes, often referred to as "thinking about thinking."

Control Process

A method of regulation that guides activities toward achieving goals or standards.

Pragmatics

The study of how context influences the interpretation of meaning in language, including the use of language in social contexts and the understanding of indirect and implied meanings.