Topics

Dividends

• What are policy dividends?
  Policy dividends are a return of divisible surplus to the owners of participating policies. Dividends are based on factors which change from year to year including investment earnings, mortality experience and expenses. Dividends are not guaranteed.

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• What are the available dividend options?
  MONY has a wide variety of dividend options to choose from. For example, dividends can be:

  • used to purchase paid-up additional insurance coverage
  • sent in cash
  • used to reduce the premium
  • left with the company to earn interest (which would be reported to the IRS via a 1099INT).

  Other dividend options may be available from time to time.

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• Can dividends be withdrawn?
  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  • withdrawn in cash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.

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