Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Posting-Version: version B 2.10.1 (Denver Mods 7/26/84) 6/24/83; site drutx.UUCP
Path: utzoo!watmath!clyde!burl!ulysses!mhuxr!mhuxt!houxm!ihnp4!drutx!djvh
From: djvh@drutx.UUCP (VanHandelDJ)
Newsgroups: net.invest
Subject: RE: Life Ins
Message-ID: <2458@drutx.UUCP>
Date: Wed, 10-Apr-85 16:18:32 EST
Article-I.D.: drutx.2458
Posted: Wed Apr 10 16:18:32 1985
Date-Received: Thu, 11-Apr-85 02:02:57 EST
Organization: AT&T Information Systems Laboratories, Denver
Lines: 15

> 
> The clincher was the 50% premium dividend (i.e. refund!) that the
> IEEE plan has been paying for a while.  These dividends are not
> quoted in the rate tables for any policy I've seen so you need
> to ask before making a decision.

	Be careful with dividends.  First of all, all a dividend is is
an overcharge of premium, which the company pays back to the insured at
the end of the year, if company expenses go as expected.
	Dividends are NOT like earned interest (You don't pay taxes on
a dividend; it was always your money, the company just used it for the year),
they are not guaranteed either.  If the company has a poor year, it does not 
have to refund any dividend.

Dave Van Handel