Application of Dividends. a. Dividends declared by Insurers on the Policy shall be accumulated at interest by Insurer until Owner elects a dividend option and directs how the accumulated dividends and interest earned thereon shall be applied.
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Samples: Split Dollar Agreement (Judge Group Inc), Split Dollar Agreement (Judge Group Inc), Split Dollar Agreement (Judge Group Inc)
Application of Dividends. a. Dividends declared by Insurers on the Policy shall be accumulated at interest by Insurer until Owner elects a dividend option opinion and directs how the accumulated dividends and interest earned thereon shall be applied.
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