Dividend Accumulation


Definition of "Dividend accumulation"

Kim Thomason real estate agent
Kim Thomason, Real Estate Agent Century 21 Alliance Realty

Option under a participating life insurance policy in which dividends are left on deposit with the company to accumulate at a specified interest rate. If this option is chosen, it is important to determine the interest rate. Interest on dividends left on deposit is taxable.

Have a question or comment?
We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 
 

 

Popular Insurance Terms

Popular Insurance Questions