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Everything you need to understand about whole life insurance dividend options

Understanding Whole Life Insurance Dividend Options

Key Things to Know Whole life insurance dividend options provide policyholders with flexibility and versatility. The four original options are: receiving dividends in cash, using dividends to reduce or pay premiums, purchasing paid-up additions, and accumulating dividends at interest. Each option has its own tax implications and considerations, such as potential taxable income, impact on […]
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What is Dividend Paying Whole Life Insurance? • The Insurance Pro Blog

What is Dividend Paying Whole Life Insurance? • The Insurance Pro Blog

As its name implies, dividend paying whole life insurance is a form of whole life insurance that earns a dividend.  The official insurance term used to identify a dividend paying whole life policy is “participating” because the policy participates in the divisible surplus (i.e. profits) of the insurance company. The alternative to a dividend paying […]
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