What is ACCUMULATION OPTION?

LIfe insurance clause that gives dividends growth to cover interest. AKA accumulation at interest point.

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Related Legal Terms
CASH ACCUMULATION METHOD, WILLIAMS ACCUMULATION DISTRIBUTION (WAD), ACCUMULATION, LEVEL DEATH BENEFIT OPTION, ACCUMULATION CLAUSE, ACCUMULATION PERIOD, ACCELERATED OPTION, RIGHT OF ACCUMULATION, ACCUMULATION UNIT, ACCUMULATION TRUST


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