Are There Options of Policy Dividends in Life Insurance Products?

Are There Options of Policy Dividends in Life Insurance Products?

Commonly associated with permanent policies; dividends are declared when an insurance company receives the premium payment from a policy owner, invests the money, and then returns a portion of the money back to the policyholder. After a policy is purchased, policy owners are given the opportunity to decide how dividends will be rewarded, which can be done through a series of options.

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