Many of these investors argue that since the dividend is what is of paramount importance, being out of a blue - chip will cause them to generate less dividend income. (fastgraphs.com)
If the policy is surrendered for its cash value only the excess of the cash value over the amount of premiums you have paid less dividends is taxable. (dfs.ny.gov)
Per the time frame discussion above, I am certain I could find a series of time frames that show dividend stocks / funds out performing funds with less dividend focus. (mindfullyinvesting.com)