Dividend Scale and Participating Whole Life Insurance
Participating whole life insurance policies are an appealing option for people seeking lifelong coverage and tax-deferred growth opportunities. Understanding how key components of a policy work, such as the dividend scale, to determine the dividends you earn is key when choosing the policy that best meets your needs.
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A life insurance rider is an optional add-on that provides additional protection. Here’s some of the most common life insurance riders in Canada.
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