Problem : In a current assumption policy, if the insurer has a more favorable experience than anticipated, that experience is reflected in the policy's:

A. Cash Value

B. Loading

C. Expenses

D. Dividends

Problem 2/2: The primary difference between nonparticipating and traditionally participating policies is:

A. The amount of information that is required to be disclosed in the carrier's marketing materials.

B. Whether the policy is sold directly by the carrier or through an agent.

C. Whether the benefits of the carrier's favorable mortality, investment, expense, and lapse experiences are shared with policy holders.

D. The state that the carrier is based out of.