Although mutual companies are owned by the policy holders, stock companies who offer whole life products allow for participation and pay dividends to whole life policy holders in the same way. (insuranceandestates.com)
Although mutual companies are owned by the policy holders, stock companies who offer whole life products allow for participation and pay dividends to whole life policy holders in the same way. (insuranceandestates.com)
This works to a universal life policy holder's advantage when interest rates are rising, because there is more sensitivity to positive market changes. (policyzip.com)