It’s whole life insurance that shares in the results of the insurer’s participating fund. You get lifetime coverage with guaranteed values set in your contract, and you may also receive dividends when the fund’s results are better than expected. Dividends aren’t guaranteed, and how they’re calculated and paid varies by insurer and policy.
What is participating life insurance?
Reviewed by Garrett Agencies Ltd., October 2026. How we write
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More about participating life insurance
Permanent life insurance that can earn dividends, which you can use to add coverage, build cash value or lower your premiums.
More questions about participating life insurance
- How are dividends from participating life insurance determined?
- Can I access the cash value in my participating life insurance policy?
- What happens to my participating life insurance dividends if I don’t use them?
- Is participating life insurance a good investment?
- How do universal life insurance and participating life insurance differ?
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