Jones elected to use dividends under his whole-life policy to buy paid-up additions to the policy but

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Jones elected to use dividends under his whole-life policy to buy paid-up additions to the policy but has now changed his mind and would like to prepay the policy as quickly as possible. Are the past dividends lost, or can they be applied to prepayment of the policy?

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Fundamentals Of Risk And Insurance

ISBN: 978-1118534007

11th Edition

Authors: Emmett J. Vaughan ,Therese M. Vaughan

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