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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.

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โˆ™ 2018-01-06 19:52:44
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Q: What is a life insurance policy dividend?
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Related questions

Is an insurance dividend taxed currently or ever when applied to a paid up life insurance policy?

no it is not


What is a non direct recognition life insurance policy?

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.


What type of an insurer issues participating policies?

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.


Can you borrow against the paid up dividend additions on a life insurance policy?

yes, as long as the policy is still in force you can borrow agains it


Who is the Owner of life insurance 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.


What is the executor on a life insurance policy?

The Policy Holder of a life insurance policy is the executor of the said policy.


It is not important to have a life insurance policy.?

It is not important to have a life insurance policy.


Life Insurance Policy?

form_title=Life Insurance Policy form_header=Protect your loved ones with a lifetime of financial security. Find a life insurance policy customized to fit your needs. What type of life insurance policy do you want to buy?= () Term Life Insurance () Permanent Life Insurance () Both () Not Sure How large of a life insurance policy do you want to buy?=_ Who will it cover?=_ Who would you list as beneficiary?=_


What type of life insurance pays a dividend?

Group life assurance


What policies are offered by General American Life Insurance?

There are many policies offered by General American Life Insurance. These include the Variable Life Insurance policy, the Condo Insurance policy and the Boat Insurance policy.


What is portable life insurance?

A life insurance policy is "portable" when upon leaving the group policy, you transfer your life coverage to an individual life policy with the same insurance carrier with no changes to the policy or increase in premium.


What is another word for whole life insurance?

You can call a whole life insurance policy as a "Non-Endowment Life Insurance Policy".


Is permanent life insurance the same as whole life insurance?

Technically, there is no insurance policy called as permanent life insurance. However, you can treat whole life insurance policy as permanent since the policy covered the whole life span of the policy holder and benefit is payable to nominee in the event of any eventuality of the policy holder.


What is ordinary life insurance?

Actually, whole life insurance policy other than endowment,single premia or ulip policy can be called ordinary life insurance policy.


How do you locate a life insurance policy?

how do you lacate a life insurance policy that was with southern life and health insurance company 30 years ago


What is an unmatured life insurance policy?

The life insurance policy has a maturing date that determines the time it takes for a policy to accumulate the amount of money essential for the policy. An unmatured life insurance policy is one that hasn't yet reached the end of its policy.


What insurance policy is exempt from the life insurance policy illustration guidelines?

variable life insurance exceeding 10,000 dollars.


Can the executor get the amount of the life insurance policy?

NO.. unless the policy does not have nomination. Only nominee will get the proceeds of life insurance policy.


How do you cash in a life insurance policy?

You call the life insurance company and get the present cash value out of the policy. The policy will then be divested.


Does homeowners insurance pay off your mortgage if one of the homeowners dies?

No. For that kind of benefit you need mortgage insurance or a life insurance policy.No. For that kind of benefit you need mortgage insurance or a life insurance policy.No. For that kind of benefit you need mortgage insurance or a life insurance policy.No. For that kind of benefit you need mortgage insurance or a life insurance policy.


What is a paid up insurance policy?

A paid up insurance policy is a life insurance policy under which all life insurance premiums have already been paid, with no further premium payments due on the policy.


What kind of life insurance policy offers the option to surrender the insurance and regain some of the cost of the policy?

Term Life Insurance


Can i buy a life insurance policy on anyone?

No. You have to have an insurable interest in the person's life in order to take out an insurance policy on their life.


Does a currently in force life insurance policy become void if the owner of the life insurance policy dies?

No.


Does a drug overdose break a life insurance policy?

A drug overdose does not break a life insurance policy.