Profit Participation
Sharing in the insurer's surpluses.
With capital-forming life and annuity insurance, the insured share in the surpluses generated. These increase the guaranteed benefit, but are not fully guaranteed and depend on the course of business.
The relevant statutes
§ 153 VVG
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Related terms
General explanation for self-help, not legal advice (RDG). Individual cases may differ: if in doubt, contact a consumer advice center or a lawyer.