DIVIDEND ADDITION
dividend addition.An amount added to the face value of a life-insurance policy and purchased
by using a dividend as a single premium payment. [Cases: Insurance 2037. C.J.S. Insurance §§
518–519, 742–745, 749–754.] [Blacks Law 8th]
dividend addition.An amount added to the face value of a life-insurance policy and purchased
by using a dividend as a single premium payment. [Cases: Insurance 2037. C.J.S. Insurance §§
518–519, 742–745, 749–754.] [Blacks Law 8th]