What does Dividend Scale mean? Read on to discover the definition & meaning of the term Dividend Scale - to help you better understand the language used in insurance policies.
A dividend scale, in the context of insurance, is a figure used by insurance companies to calculate the dividends to be paid for owners of participating policies. Typically, an actuary creates one as a means to fairly distribute annual dividends based on the policy class and terms.
We hope the you have a better understanding of the meaning of Dividend Scale.