What type of insurance company sells non-participating whole life policies?

The correct response is that stock life insurance companies sell non-participating whole life policies. Non-participating whole life insurance policies are those that do not pay dividends to policyholders, a key characteristic of stock life insurers. These companies are owned by shareholders, who benefit from the profits of the company, rather than policyholders.

In contrast, mutual life insurance companies are owned by their policyholders and traditionally issue participating policies that may provide dividends based on the company's financial performance. Fraternal benefit societies typically offer limited insurance coverage primarily for their members, often with a focus on social and community benefits rather than the structured offerings of standard insurance companies. Public insurance organizations generally refer to government programs that provide specific types of insurance, such as health or disability insurance, rather than life insurance policies, especially not the non-participating whole life type.

Thus, stock life insurance companies are the ones that specifically provide non-participating whole life insurance products.