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What can generally not be a source of life insurance policy dividends?
Wiki User
∙ 10y ago
Dividends are paid only by mutual insurance companies, not by stock insurance companies. All insurance companies are required by the state regulatory authorities where they do business to maintain statutory reserves to ensure that there is sufficient money on hand to pay expected losses. Therefore, dividends cannot be paid from reserves. Instead, they are generally paid by earnings on the investments made by the mutual insurer.
Wiki User
∙ 10y ago
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