Who generally benefits from the pooled resources of mutual life insurance?

The pooled resources of mutual life insurance primarily benefit the policyholders when dividends are issued. In a mutual insurance company, the policyholders are also the owners of the company. This structure allows them to share in the company's profits. When the company performs well financially, it can distribute dividends to its policyholders, providing them with a financial return on their investment in the policies.

This mutual ownership model ensures that the interests of the policyholders are aligned with the financial health of the company, as they directly benefit from its success. Therefore, when dividends are issued, it validates the mutual company's goal of serving and rewarding its policyholder-owners rather than focusing on shareholders, as is the case with stock insurance companies.