no it is not
It's a payment made to the policy owner by the mutual insurance company when there is a profit. The policyholders are the owners of a mutual life insurance company and they share in the profits by receiving dividend payments from the insurance company.
It is a type of whole life insurance that does not reduce the dividend payable under the policy even if there is a loan of cash value outstanding.
No.
yes, as long as the policy is still in force you can borrow agains it
concept of dividend policy
Typically,the person who purchased it owns it. That person may be different from the person insured or the beneficiary. The owner can usually make decisions concerning the policy. An example with respect to a policy issued by a stock company, whether to have the company send a dividend check or to use the dividend to purchase additional insurance.
this policy is that policy which is fluctuating in nature and the shareholders do not generally go for this dividend policy.
nd policy
The difference between a passive and an active dividend policy lies in the amount of time between dividend disbursement. In a passive dividend policy, dividends are given when the company decides it is time. With an active dividend policy, dividends are disbursed at regular intervals.
A participating life insurance policy is one that pays a dividend to the owner. Mutual life insurance companies offer participating life insurance policies as the policyholders share in the profits of the insurance company since the policy owners are the owners of the company.
Dividend policy is a set of rules that a company uses to determine how much of its earnings it will pay to shareholders. Stable dividend policy means all payments are equal.
as finance manager what is your role in matter of dividend policy.