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If the board of directors of MTL Insurance Company approves a total pay out that is 10% higher than the previous year, will the dividends on my policy increase by 10%?

April 26, 2017approves COMPANY Directors Insurance MTL pay total

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If the board of directors of MTL Insurance Company approves a total pay out that is 10% higher than the previous year, will the dividends on my policy increase by 10%?

1 Answer

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A. Your actual dividend may change by more or less than 10%. If, for example, much of this increase was due to an increase on investment earnings, then policies with high levels of cash value would benefit the most.