Sentences with phrase «issue an insurance dividend»

For insurance companies, there are three main drivers of whether they will issue an insurance dividend:

Not exact matches

This means that if Northwestern Mutual collects more money in a particular year than is spent, the company issues a dividend to this with permanent life insurance policies.

However, this issue will be touched on again below because dividends paid by mutual whole life insurance companies are generally not deemed INCOME but rather a return of premiums.

Northwestern Mutual has some of the best consumer reviews and, as a mutual insurance company, has consistently issued dividends to whole life insurance policyholders for decades.

Many whole life insurance policies, for example, receive annual dividends from the issuing company.

Under the terms of the Advisory Agreement, each Fund is responsible for the payment of the following expenses among others: (a) the fees payable to the Adviser, (b) the fees and expenses of Trustees who are not affiliated persons of the Adviser or Distributor (as defined under the section entitled («The Distributor»)(c) the fees and certain expenses of the Custodian (as defined under the section entitled «Custodian») and Transfer and Dividend Disbursing Agent (as defined under the section entitled «Transfer Agent»), including the cost of maintaining certain required records of the Fund and of pricing the Fund's shares, (d) the charges and expenses of legal counsel and independent accountants for the Fund, (e) brokerage commissions and any issue or transfer taxes chargeable to the Fund in connection with its securities transactions, (f) all taxes and corporate fees payable by the Fund to governmental agencies, (g) the fees of any trade association of which the Fund may be a member, (h) the cost of fidelity and liability insurance, (i) the fees and expenses involved in registering and maintaining registration of the Fund and of shares with the SEC, qualifying its shares under state securities laws, including the preparation and printing of the Fund's registration statements and prospectuses for such purposes, (j) all expenses of shareholders and Trustees» meetings (including travel expenses of trustees and officers of the Trust who are not directors,

This is due to a couple different reasons: 1) Dividends that are issued are used to purchase additional life insurance.

Because of this, it can be «sold» for $ back to the insurance company, which, coincidentally is what the dividend amount you receive is based on: the value of your existing account at the time the dividend is issued.

Participating whole life policies (also called «par whole life») also issue a non-guaranteed dividend to policy owners, which is credited to their cash value, and is frequently used to purchase small amounts of fully - paid up life insurance.

This means that if Northwestern Mutual collects more money in a particular year than is spent, the company issues a dividend to this with permanent life insurance policies.

Only member - owned mutual insurance companies issue dividends.

Participating policies, usually issued by mutual life insurance companies, pay a dividend in addition to your cash value if the company performs well.

A policy or sales illustration also shows the insurance product's name, term, benefit amount, premium, cash values (if the policy has a cash value component), and projected dividends (if the policy is being issued by a mutual insurance company).

Some life insurance policies offer annual cash dividends as if you were a stock shareholder in the issuing company.

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Credit card receipts are also possible, and if the policy was paid in full there may be regular statements, such as dividend or performance notices issued on permanent life insurance accounts.