| 单词 | participating insurance |
| 释义 | participating insurance in British Englishnoun a system of insurance by which policyholders receive dividends from the company's profit or surplus participating insurance in Insurance (pɑrtɪsɪpeɪtɪŋ ɪnʃʊərəns) noun Related wordsThe opposite of this is nonparticipating, where policyholders do not have a right to a share in a company's profits. (Insurance: Life insurance) insurance , insurance , insurance Participating insurance is a system of insurance in which policyholders receive dividends from the company'sprofit. Dividends are distributable to policyholders of participating insurance contracts as determined by the insurer and apportioned to policyholders on an equitablebasis. Dividends return part of the premium on participating insurance to policyholders to reflect the difference between the premium charged and the combinationof actual mortality, expense, and investment experience. Participating insurance is a system of insurance in which policyholders receive dividends from the company'sprofit. |
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