Whole life or endowment policies that guarantee a fixed sum on death or, in the case of endowments, survival without any bonus addition. They are also called non-participating policies as they do not participate in the insurer’s profits.
The Rantings of the barely human.
Whole life or endowment policies that guarantee a fixed sum on death or, in the case of endowments, survival without any bonus addition. They are also called non-participating policies as they do not participate in the insurer’s profits.