Bonus is issued to the policyholder having with profit policy. The bonus can be: ()Paid in cash at the end of the policy. (1) Adjusted against future premiums due. (iv) and (i) (1) and (ii) (i1) and (iii) (iii) and (iv) (iii).Paid even if there is loss. (iv)Paid to all types of Policy

Bonus is issued to the policyholder having with profit policy. The bonus can be: ()Paid in cash at the end of the policy. (1) Adjusted against future premiums due. (iv) and (i) (1) and (ii) (i1) and (iii) (iii) and (iv) (iii).Paid even if there is loss. (iv)Paid to all types of Policy

Business/Professional Ethics Directors/Executives/Acct

8th Edition

ISBN:9781337485913

Author:BROOKS

Publisher:BROOKS

Chapter5: Corporate Ethical Governance & Accountabililty

Section: Chapter Questions

Problem 19.1EC

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Question

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Bonus is issued to the policyholder having with profit policy. The bonus can be:
()Paid in cash at the end of the policy.
(1) Adjusted against future premiums due.
(iv) and (i)
(1) and (ii)
(i1) and (iii)
(iii).Paid even if there is loss.
(iv)Paid to all types of Policy
(iii) and (iv)

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