Participating Policy Dividend

Definition of "Participating policy dividend"

Glenda Janczewski real estate agent

Written by

Glenda Janczewskielite badge icon

EXP Realty LLC

Life insurance contract that pays its owner dividends, which can be: taken as cash; applied to reduce a premium; applied to purchase an increment of paid-up insurance; left on deposit with the insurance company to accumulate at interest; and applied to purchase term insurance for one year.

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