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What is participating life insurance?In: Life Insurance |
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Answer
Some whole life insurance policies can return money to you in the form of dividends. These are called participating policies. If the company earns a surplus because of profitable operations, owners of participating policies could share in the surplus. Since earning such a surplus depends on many variables, dividends are never guaranteed.
First answer by Chris. Last edit by Chris. Question popularity: 196 [recommend question]
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