Dividend Paying Whole Life Insurance at Life

Dividend Paying Whole Life Insurance. Features of dividend paying whole life insurance. In this way, a dividend paying whole life insurance policy stands head and shoulders above a term policy.

These policies are also known as participating whole life insurance, because the policy owners (rather than the stockholders) participate in the profits generated by the company, by receiving dividends. Dividend paying whole life insurance defined. Some companies offer dividend paying whole life insurance policies which means the policies pay dividends.

Top 10 Best Dividend Paying Whole Life Insurance Companies

You can always apply your dividend payout dollar for dollar to reduce how much premium that you’re required to pay on your whole life insurance policy. Policy dividends can be paid by check , be applied to your future premiums, or be used to buy additional coverage. Affordable, flexible term life insurance at your pace. Dividends are paid annually, and policy owners have a choice of how to use their dividend payment.