Insurance

Non-participating policy

A non-participating policy, also referred to as a without-profit or non-par policy, is a type of life insurance where the policy owner does not receive any share of the divisible surplus earned by the insurance company. This means that no bonuses are paid out on this policy. Essentially, the policy owner does not have a say in how the surplus is distributed.

Related terms

Credit derivatives

Understand the meaning and definition of Credit derivatives in the context of stock market, trading, and investments.

MORE
Pain and suffering damages

Understand the meaning and definition of Pain and suffering damages in the context of stock market, trading, and investments.

MORE
Offer and Acceptance

Understand the meaning and definition of Offer and Acceptance in the context of stock market, trading, and investments.

MORE
Earnings multiple approach

Understand the meaning and definition of Earnings multiple approach in the context of stock market, trading, and investments.

MORE
Economic loss

Understand the meaning and definition of Economic loss in the context of stock market, trading, and investments.

MORE
Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers