Life Insurance

Participating Life

Participating Life

Participating Life is a type of policy that pays dividends to the policy holder.  These dividends are derived from the profits of the insurance company that issued the policy.  The dividends are usually paid out annually and for the duration the policy is in effect.  The policy holder has the option to receive the dividends as payments or to allow it to be reapplied to the policy to increase its value, including cash values.

Participating Life insurance is best for those who:

E

Desire life long protection

E

Seek significant savings potential

E

Interested in tax savings

E

Look for ways to save

E

Need estate plans

E

Are concerned about inflation and its effect on death benefits.

Participating policies are a version of whole life.  They pay dividends in several different methods:

E

Apply the dividends to the premium payment

E

Retain the dividend in the policy to generate interest

E

Receive the dividend as a cash payment.