What Does Dividend Additions Mean?

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

Dividend Additions

Dividend Additions

Participating policies provide that policy dividends may be used as single premiums at the insured's attained age to purchase paid-up insurance as additions to the amount of insurance specified on the face of the contract.

We hope the you have a better understanding of the meaning of Dividend Additions.

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