All > Business > Finance > Insurance > Life Insurance

• An amount of money returned to the holder of a participating policy. The money is a partial refund of the premium paid. It results from actual mortality, interest and expenses that were more favorable than expected when the premiums were set.

  Alabama Department of Insurance - Cite This Source - This Definition
  ×

  Cite Definition for dividend

  American Psychological Association (APA)

  dividend. (n.d.). Glossary of Life Insurance Terms. Retrieved June 10, 2023, from website: http://www.expertglossary.com/definition/dividend.

  Chicago Manual of Style (CMS)

  dividend. www.aldoi.gov. Glossary of Life Insurance Terms. Alabama Department of Insurance. http://www.expertglossary.com/definition/dividend (accessed: June 10, 2023).

  Modern Language Association (MLA)

  "dividend." Glossary of Life Insurance Terms. Alabama Department of Insurance. 10 June. 2023 http://www.expertglossary.com/definition/dividend.

• Browse Related Terms: Automatic Premium Loan, dividend, Grace Period, Lapsed Policy, Level Premium Insurance, Loan Value, Non-forfeiture Values, Paid-up Insurance, Premium, Reinstatement, Settlement Option, Waiver of premium

Also listed in:

• All > Business > Economics
• All > Business > Finance
• All > Business > Finance > Personal Finance
• All > Business > Finance > Personal Finance > Retirement
• All > Healthcare > Health Insurance
• All > Law > Bankruptcy

All > Business > Finance > Insurance > Life Insurance

• (See Accidental Death Benefit.)
  Alabama Department of Insurance - Cite This Source - This Definition
  ×

  Cite Definition for Double Indemnity

  American Psychological Association (APA)

  Double Indemnity. (n.d.). Glossary of Life Insurance Terms. Retrieved June 10, 2023, from website: http://www.expertglossary.com/definition/double-indemnity.

  Chicago Manual of Style (CMS)

  Double Indemnity. www.aldoi.gov. Glossary of Life Insurance Terms. Alabama Department of Insurance. http://www.expertglossary.com/definition/double-indemnity (accessed: June 10, 2023).

  Modern Language Association (MLA)

  "Double Indemnity." Glossary of Life Insurance Terms. Alabama Department of Insurance. 10 June. 2023 http://www.expertglossary.com/definition/double-indemnity.

• Browse Related Terms: Accelerated Death Benefits, Accidental Death Benefit, Beneficiary, Cash Value (Cash Surrender Value), Current Assumption Whole Life, Double Indemnity, Face Amount, Living Benefits, Mortality Table, Rider, Variable Life Insurance