Variable Life Insurance
With Variable Life Insurance, your death benefits and cash values depend on the investment performance of one or more separate accounts, which may be invested in mutual funds or other investments approved by the policy. This type of policy requires careful consideration. Your death benefits and cash value will increase when the investment performs well, but they may also drop or disappear entirely if the investments perform poorly. You may choose to pay an extra premium to guarantee your death benefit.
Previous Insurance Term: Variable death benefit
Next Insurance Term: Verbal threshold
|
HOME