Extra Dividend | Insurance Glossary

Definition of "Extra dividend"

Dividend paid in addition to the regular dividend on a participating insurance policy.

Central computerized facility that keeps on file the health history of the applicants for life and h ...

Monetary value of the reputation of a business. Goodwill is an intangible asset and thus may be diff ...

A historical mortality table used to calculate premium rates for deferred annuities and optional mod ...

Minimum amount of coverage for which a company will write a liability insurance policy. ...

Market where mortgage loans can be sold to investors. The availability of funds for financing real e ...

Person or business that provides an option to someone else. ...

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing ...

An inspection is a close and thorough examination of a house and property. A licensed individual usu ...

To begin, you\'ll need to figure out what your gross income is (before taxes) monthly and yearly. T ...

A penalty fee charged for paying off a mortgage early, thus allowing banks to still make money off o ...

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest ...

Whether you are a .boomer. an .X-er. or an .empty Nester. it is never to or too late . to think abou ...

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