What Does Direct Recognition Mean?

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What does Direct Recognition mean? Read on to discover the definition & meaning of the term Direct Recognition - to help you better understand the language used in insurance policies.

Direct Recognition

Direct Recognition

Direct recognition is a strategy that insurance companies employ to deal with the loaned cash values of life insurance policies. Unlike non-direct recognition, earning rates can be either negatively or positively affected when the cash value is used collateral for a loan under a direct recognition scheme.

We hope the you have a better understanding of the meaning of Direct Recognition.

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