MLchartDataset catalogue

Nonparticipating

Term · Insurance and risk management · MLC-T-INS-002347

Relating to an insurance policy that does not pay dividends to the policyholder. The premiums for these policies are fixed and generally lower than those for participating policies, as the policyholder does not share in the insurer's profits. Most term life insurance policies and many property and casualty policies are nonparticipating.

Table 1. Record
IdentifierMLC-T-INS-002347
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002347",
  "term": "Nonparticipating",
  "field": "Insurance and risk management",
  "definition": "Relating to an insurance policy that does not pay dividends to the policyholder. The premiums for these policies are fixed and generally lower than those for participating policies, as the policyholder does not share in the insurer's profits. Most term life insurance policies and many property and casualty policies are nonparticipating.",
  "url": "https://mlchart.com/terminology/insurance/nonparticipating/"
}

Record 2,322 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.