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The definitions contained herein are for general information only and are not designed for use in connection with the interpretation of any insurance policy or annuity policy issued through Insurance Answer Center.
Life Insurance Glossary Terms  4 A B C D E F G H I J K L M N O P Q R S T U V W Y

Dividend Accumulation

Amounts put in an interest bearing account, usually annually, as a share of a mutual insurance company's earnings. At a later date, the policyowner may choose to take them as cash dividends or apply them as a paid-up dividend addition. See also Policy Dividend. The Insurance Answer Center does not currently feature any life insurance policies that pay dividends. We do however, offer numerous whole life, interest-sensitive whole life and universal life policies with cash value build up. See also Cash Dividends, Dividend Accumulation, Paid-Up Dividend Addition, Term Dividend Addition and Dividend Options.

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