Excess interest

{
  "id": "MLC-T-INS-001370",
  "term": "Excess interest",
  "field": "Insurance and risk management",
  "definition": "The amount of interest credited to a life insurance policy or annuity that exceeds the guaranteed minimum interest rate. This additional interest is typically based on the insurer's investment performance and can fluctuate. It contributes to the cash value growth of the policy, providing a potential for higher returns than the guaranteed rate.",
  "url": "https://mlchart.com/terminology/insurance/excess-interest/"
}