Dividends on deposit in life insurance policies refer to the option for policyholders to leave their dividends with the insurance company to earn interest. These dividends are a portion of the insurer's profits that are distributed to policyholders. By choosing to leave dividends on deposit, policyholders can potentially increase the cash value of their policy over time. This can be a strategic way to enhance the overall value and benefits of a life insurance policy.
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bank deposit
The Federal Deposit Insurance Corporation Improvement Act passed in 1991
All registered financial institutions are required to have some type of insurance for their customers. The FDIC / Federal Deposit Insurance Corporation underwrites banks and offers protection up to $250,000.00 per customer. The FDIC coverage does not include annuities, insurance policies, investments and mutual funds.
FDIC stands for Federal Deposit Insurance Corporation. Fdic insurance allows you to be covered and not lose any money when having a deposit account if your financial institution fails.
Dividends stay in policy and accumulate interest.
Both insurance policies typically don't require a deposit. Simply payment of the premiums is required.
Deposit Insurance Agency of Russia was created in 2004.
Canada Deposit Insurance Corporation was created in 1967.
Federal Deposit Insurance Corporation was created in 1933.
Nigeria Deposit Insurance Corporation was created in 1988.
Rita Carisano has written: 'Deposit insurance' -- subject(s): Deposit insurance
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bank deposit
institutions organized to provide facilities for the systematic safekeeping of securities, contracts, wills, insurance policies, jewelry, and any other valuable documents and property
National Penn Bank is protected by a deposit insurance by the government. The insurance is known as FDIC.
The Federal Deposit Insurance Corporation Improvement Act passed in 1991