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The definitions contained herein are for general information only and are not designed for use in connection with the interpretation of any insurance policy or annuity policy issued through Insurance Answer Center.
Life Insurance Glossary Terms  4 A B C D E F G H I J K L M N O P Q R S T U V W Y

Nonparticipating Policy


This life insurance policy does not provide for the payment of dividends to the policyowner. It includes most term and permanent life policies with the exception of certain whole life policies sold by mutual life insurance companies. See also Interest-Sensitive Whole Life and Universal Life.

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