Amount of paid-up life insurance purchased with a policy dividend and added to the face value amount of the policy. This is an option written into the life insurance policy. Also called paid-up additions .

Amount of money that it costs the insurance company to maintain each policy in force for the current year.

Sum of money that accumulates and that represents the actual rate earned on an insurer’s present investments. The dividend interest rate is used to calculate policy owner dividends.

Several choices that participating life insurance policy owners can choose to indicate how they want to receive their share of the insurance company’s divisible surplus including accumulation at interest option, additional term insurance option, automatic dividend option, cash payment option, dividend accumulations, enhancement type policy, paid-up additions, and premium reduction option.

Death (mortality) rate presently experienced by the insurance company on the insurance policies it has sold. The insurer chooses the rate of mortality for a given age in calculating the policy owner’s dividends.

Portion of an insurance company’s earnings available for distribution to owners of the company’s participating policies.
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UK: The portion of an insurance company’s earning that is available for distribution to ‘withprofits’ policyholders in the form of bonuses.

Commonly used acronym that may be translated as durable medical equipment, prosthetics, orthotics, and supplies.

Commonly used acronym that may be translated as durable medical equipment regional carrier. See durable medical equipment regional carrier (DMERC) .