The Best Description for a "Chaptericipating Policy" Is That the Owner

question 24

Multiple Choice

The best description for a "Chaptericipating policy" is that the owner is

• A)entitled to receive a share of the net operating profits of the insurance company.
• B)entitled to receive a refund when the insurance company has overcharged on premiums.
• C)entitled to receive dividends paid on the common stock of the insurance company.
• D)entitled to refunds from extra premiums from policyholders who have cancelled their policies.

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Definitions:

Prophylactic Eye Care

Preventive measures taken to protect the eyes from diseases, injuries, or other harmful conditions.

Patent Airway

An airway that is open and unobstructed, allowing for the free passage of air into and out of the lungs.

Identification

The process of recognizing or establishing the identity of a person or object, often through comparison and analysis.

Phytonadione

A form of vitamin K which is used to treat and prevent cases of deficiency or to reverse the effects of blood thinning medications.