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Sergio [31]
3 years ago
6

What is the dividends payable to a policyowner?

English
1 answer:
Lostsunrise [7]3 years ago
6 0
A dividend is an amount returned to a policyowner out of an insurance company's surplus funds. In a practical sense it is a return of premiums that exceed the insurer's expenses and mortality experience. Only certain types of insurance policies produce dividends.
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