Even if no one has mailed in premium payments for years, the policy might be in force because at some point it became "paid-up, " meaning accumulated dividends are enough to cover annual premiums.
FORBES: Old but still kicking
In some cases, state regulators can restrict banks from paying dividends if their accumulated earnings do not meet a certain threshold.
FORBES: Zombie Banks Continue to Suck Taxpayer Cash
Dividends are typically paid out of earnings, either current or accumulated.
FORBES: Is Costco's Jim Sinegal A Hypocrite ?
应用推荐
模块上移
模块下移
不移动