Variable Life Insurance
Posted in: Insurance
define: Variable Life Insurance
Similar to Universal Life insurance, Variable Life insurance allows the policy holder more say in the investment of premiums in stocks, bonds, and other types of investments. Death benefits (and cash value) may vary according to the success of investments, but premiums usually remain level.
Similar to Universal Life insurance, Variable Life insurance allows the policy holder more say in the investment of premiums in stocks, bonds, and other types of investments. Death benefits (and cash value) may vary according to the success of investments, but premiums usually remain level.
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