multiple choice\ndividends payable to a policyowner are\na, o strictly regulated\nb, o guaranteed\nc, o…

multiple choice\ndividends payable to a policyowner are\na, o strictly regulated\nb, o guaranteed\nc, o declared by the insurance company\nd, o declared by the state\nsubmit

multiple choice\ndividends payable to a policyowner are\na, o strictly regulated\nb, o guaranteed\nc, o declared by the insurance company\nd, o declared by the state\nsubmit

Answer

Brief Explanations:

Dividends payable to a policy - owner are declared by the insurance company. They are not strictly regulated in the sense that the amount and payment are determined by the company's financial performance and decision - making within the framework of its policies. They are not guaranteed as they depend on the company's profitability, and the state does not directly declare them.

Answer:

C. declared by the insurance company