Insurance

Non-participating policy

A non-participating policy, also referred to as a without-profit or non-par policy, is a type of life insurance where the policy owner does not receive any share of the divisible surplus earned by the insurance company. This means that no bonuses are paid out on this policy. Essentially, the policy owner does not have a say in how the surplus is distributed.

Related terms

Self-insurance

Understand the meaning and definition of Self-insurance in the context of stock market, trading, and investments.

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Reinsurance pool

Understand the meaning and definition of Reinsurance pool in the context of stock market, trading, and investments.

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Degree of risk

Understand the meaning and definition of Degree of risk in the context of stock market, trading, and investments.

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Political risk insurance

Understand the meaning and definition of Political risk insurance in the context of stock market, trading, and investments.

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Workers compensation

Understand the meaning and definition of Workers compensation in the context of stock market, trading, and investments.

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Target Pension

Understand the meaning and definition of Target Pension in the context of stock market, trading, and investments.

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