FOR EVERY 5-YEAR ANNIVERSARY ON ACTIVE ACCOUNTS A DIVIDEND CHECK WILL
BE SENT TO THE ACCOUNT OWNER AT THE ADDRESS ON RECORD. UNLESS YOU
OPT OUT** IT WILL BE ISSUED THE FIRST MONTH FOLLOWING THE ANNIVERSARY
YEAR AS THE AMOUNT IS 1%.
A 1% PORTION OF THE ESCROW ACCOUNT INTEREST. AMOUNTS OF WHICH ARE
NOT GUARENTEED. DIVIDENDS MAY BE SUBJECT TO INCOME TAX. YOU WILL
RECEIVE A 1099-DIV THE FOLLOWING JANUARY IF THEY ARE AND ANY NECESSARY
INFORMATION WILL BE SHARED WITH THE IRS AT THAT TIME. OPTING OUT DOES
NOT INCREASE THE SHARE PERCENTAGE OF OTHER PERSONS.
THAT MEANS PAYOUTS WILL HAPPEN IN THE 6TH, 11TH, 16TH AND 21ST YEAR.
THE ESCROW ACCOUNT FOR DIVIDENDS WILL BE BASED ON SAVINGS OF 10% NET
PROFIT, IN AN INTEREST-BEARING ACCOUNT. THE APY IS NOT SET OR
GUARANTEED ON THE ACCOUNT.
DIVIDEND CHECKS TO BE SENT
20 YEAR TERM = 3 25 YEAR TERM = 4
NO DIVIDEND CHECK WILL BE SENT THE FINAL YEAR OF THE POLICY AS THE
ACCOUNT WILL PAYOUT AND BECOME INACTIVE.