Cash Value Whole Life Insurance is one of the most misunderstood financial instruments available. Policy owners of participating whole life insurance contracts issued by mutual life insurance companies are more than just holders of an insurance policy. Instead, they are the owner of the company and have the ability to vote for company management and receive surplus earnings after expenses are paid. These surplus earnings are paid to policy owners in the form of a dividend which is based on the amount of cash value equity held in each policy.
This presentation looks at four mutual life insurance carriers. It explores their dividend history, their investment activity as well as the size of each of their general account investment portfolios.
