Non-participating Life Insurance Policy,
What is The Definition of Non-participating Life Insurance Policy?
You can define Non-participating Life Insurance Policy as,
Life insurance policy that does not provide benefits to insurers. Life insurance, which has no financial value, is non-participating life insurance.
An insurance policy that states that the insurer will not share the profits with the insurer. You pay your premium and the beneficiary gets the money when you die. This amount will increase or decrease due to the return on the insurance company's investment portfolio.
Literal Meanings of Non-participating Life Insurance Policy
Meanings of Non:
Rejection or absence of expression
It conveys a neutral negative connotation when a particular form beginning with them or with them has a special meaning (e.g., inhuman or dehumanized).
Meanings of Participating:
Involvement in an action or effort.
Owning or owning (some features)
Sentences of Participating
Thousands took part in national strikes
Synonyms of Participating
take part, avail oneself of, share, have the use of, join, be a participant, be favoured with, be born with, be blessed with, partake, engage, get involved, reap the benefits of, play a part, benefit from, be endowed with, have the advantage, be possessed of, have the benefit of, have available, play a role
Meanings of Life:
A condition that distinguishes animals and plants from non-components, including the ability to grow, reproduce, function, and change permanently before dying.
The existence of man or animal.
The time between the birth and death of living human beings, especially human beings.
Significance, power or energy.
(In art) the representation of an article by a real model and not by the imagination of an artist.
Sentences of Life
The essence of life
A catastrophe that killed 266 Americans
He spent his entire life in the countryside
She is beautiful and full of life
Your poses and clothes are taken from life
Synonyms of Life
allotted span, vigour, spiritedness, living, colour, liveliness, activity, zest, vivacity, one's career, one's time, high spirits, duration of life, existence, person, creature, threescore years and ten, brio, elan, go, enthusiasm, soul, days, time on earth, energy, dynamism, push, animation
Meanings of Insurance:
The methods or contracts used by companies or government agencies provide a guaranteed compensation for certain losses, injuries, illnesses or deaths in return for the payment of premiums.
Synonyms of Insurance
indemnification, protection, indemnity, security, safeguard, immunity, precaution, surety, provision, shelter, cover, preventive measure, safety measure, financial protection, defence
Meanings of Policy:
A code of conduct or practice adopted or proposed by any government, party, company or individual.
Sentences of Policy
Controversial economic policy administration
Synonyms of Policy
programme, position, stratagem, theory, blueprint, line, notions, approach, code, stance, proposed action, schedule, guidelines, attitude, strategy, intentions, system, plans, scheme