How to Withdraw Dividends From a Whole Life Policy (And What It Changes)
Dividends are one of the most misunderstood parts of whole life. Some people think dividends are “free money.”Others think they’re guaranteed.Neither is true. Dividends are a bonus distribution from the insurance company’s surplus (most commonly with mutual companies). They’re not guaranteed, but many mutual companies have paid them for a long time. The bigger point […]