Whole Life Insurance Dividend Options

Whole life insurance comes with an array of dividend options you can choose that will direct the insurance company's payment of an annual dividend. Traditionally, whole life policies have four options. These options are available on almost every whole life policy in existence so if you own or are considering a whole life insurance policy purchase, there's a very good chance that you have these options available to you. The four traditional options are: 1. Paid in Cash 2. Reduce/Pay Premium 3. Purchase Paid-up Additions 4. Accumulate at Interest