Sentences with phrase «policyholders out of the profits»

Bonus: Is the additional amount which the insurer gives to the policyholders out of the profits earned in a financial year.

Not exact matches

That fee would get built into the expenses would into the unit value, or, come out of my firms profit margins, which were for the good of the participating policyholders.
Some whole life plans also offer policyholders a dividend — an annual payout that comes out of the insurance company's profits.
A dividend is a portion of the insurance company's profits that are paid out to policyholders as if you were a stockholder or investor.
The profit or the excess amount that the company has earned through various investments, savings left out of cost expense, etc. is distributed as bonus to all policyholders.
There are other benefits found in this policy as well: ● Corporation profits: In this case, the policyholder can participate in the profit earning opportunity given to them by the LIC and there they can also get bonuses out of it.
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