Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can dividends be withdrawn?

dividends withdrawn
0
Posted

Can dividends be withdrawn?

0 CommentsAdd a Comment

1 Answer

0

Yes. The available cash value of any dividend additions and/or deposits may be: • withdrawn in cash • used to pay premiums on the same policy • used to repay outstanding loan balances Such withdrawals will affect the total death benefit payable but will not affect the base policy face amounts.

0 CommentsAdd a Comment

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123