2007-07-17 06:48:36 · 0 answers · asked by crystal fox 2 in Business & Finance ➔ Insurance
In life insurance a Par policy means that it is issued by a mutual company and your policy will get dividends based on the growth of the company.
The more the mutual company grows, the bigger the dividends will be.
You can use the dividends in several ways:
1. Get them as cash every year.
2. Buy additions to your policy. Let's say you started with 50000, the dividends might let you buy 1000, or 700, or 2000 extra insurance to your policy every year. After a few years your insurance might have grown to 60000 or more (your payments, of course will not go up).
3. Buy 1-year term additions. Instead of adding small permanent amounts, your dividend can boost your protection yearly. They can buy 100000 or more, but this boost will only last for 1 year.
2007-07-17 16:32:44 · answer #1 · answered by Makotto 4 · 1⤊ 0⤋
Par Insurance
2016-11-10 00:21:39 · answer #2 · answered by ? 4 · 0⤊ 0⤋
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par 3 all the way. the driving range is fun but nothing trumps real experiences and since the clubs used on par 3 are used on every hole on the golf course it will definitely help you out. and dont say your not good enough for 18. i played with a fater son group 2 weeks ago who each shot around of 130 plus or minus a few strokes. we had a great time, they were quick and thats all anyone can ask, so go ahead and play thats why you are hitting at the range, to play so do it and after your round see hwat you did wrong or want to improve upon and then go the the range and try to fix it, but go out and play nobody cares if your good or not just dont be too slow and have fun, and if it s not fun then drink beer be merry and pick up when it gets too frustrating
2016-04-01 03:25:54 · answer #3 · answered by Anonymous · 0⤊ 3⤋
You really should specify what type of insurance you are talking about and what you are trying to achieve. We can help you better that way.
In life insurance, a participating (par) policy is issued by a mutual company and dividends, if any, are paid out. Non-participating policies are usually issued by stock companies and do not participate in dividends.
2007-07-17 08:44:12 · answer #4 · answered by aaron p 5 · 1⤊ 1⤋
Par means that the provider (doctor, hospital, lab, etc) is a member of that plan's network.
Non-par means that they are not in the plan, or do not take the plan.
"Par" is short for Participating.
2007-07-17 06:57:19 · answer #5 · answered by zippythejessi 7 · 4⤊ 1⤋
Wow! thankyou! Exactly what I was searching for. I tried looking for the answer on other websites but I couldn't find them.
2016-09-19 16:09:36 · answer #6 · answered by Anonymous · 0⤊ 1⤋