MLchartDataset catalogue

Terminal dividend

Term · Insurance and risk management · MLC-T-INS-003300

A non-guaranteed payment made to policyholders of participating life insurance policies when the policy matures, is surrendered, or the insured dies. This additional dividend reflects the insurer's financial performance and investment returns over the policy's lifetime. It is distinct from annual dividends and is paid only once.

Table 1. Record
IdentifierMLC-T-INS-003300
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-003300",
  "term": "Terminal dividend",
  "field": "Insurance and risk management",
  "definition": "A non-guaranteed payment made to policyholders of participating life insurance policies when the policy matures, is surrendered, or the insured dies. This additional dividend reflects the insurer's financial performance and investment returns over the policy's lifetime. It is distinct from annual dividends and is paid only once.",
  "url": "https://mlchart.com/terminology/insurance/terminal-dividend/"
}

Record 3,390 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.