Vanishing premium policy

A participating whole life Policy on which dividends are allowed to accumulate until those accumulated dividends plus future dividends are sufficient to pay all subsequent premiums under the policy.

Related Terms: 4 Accumulated dividend, Low, Owe, Policy

Other Related Pages: Category: Insurance Starting With: V

Additional Related Terms: 10-Q, 52-week low, Accumulated depreciation, Above par, Amortization of premium, At par, All or any part, At best, At call, Accrued dividend