LeoGlossary: Policy Dividend (Insurance)

Many whole life insurance policies provide dividends representing a portion of the insurance company’s profits that are paid to policyholders; policyholders are not typically guaranteed dividends. The dividend amount often depends on the amount of money paid into the policy. Dividends are typically not guaranteed and are subject to the financial performance of the insurance company.

• LeoGlossary Main Menu

General:

• What Is Leofinance

Posted Using LeoFinance ^Beta