Question

Which method of surplus distribution is adopted in North America, where surplus is declared and distributed as dividends?

a.

Reversionary Bonus Method

b.

Contribution Method

c.

Premium Adjustment Method

d.

Unit Linked Method

Answer: (b).Contribution Method Explanation:In North America, the "Contribution" method is adopted for surplus distribution, where surplus is declared and distributed as dividends.

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Q. Which method of surplus distribution is adopted in North America, where surplus is declared and distributed as dividends?

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