variable life insurance — A form of life insurance very similar to whole life insurance. In a variable life insurance policy, the cash value is invested in equity or debt securities. Policyholders can select and switch investment instruments. The policyholder bears the… … Financial and business terms
Variable Life Insurance Policy — A form of permanent life insurance, Variable life insurance provides permanent protection to the beneficiary upon the death of the policy holder. This type of insurance is generally the most expensive type of cash value insurance because it… … Investment dictionary
Variable life insurance policy — A whole life insurance policy that provides a death benefit dependent on the insured s portfolio market value at the time of death. Typically the company invests premiums in common stocks, and hence variable life policies are referred to as… … Financial and business terms
variable life insurance policy — A whole life insurance policy that provides a death benefit dependent on the insured s portfolio market value at the time of death. Typically the company invests premiums in common stocks, so variable life policies are referred to as equity… … Financial and business terms
variable life insurance — an insurance policy whose annuity payments or payment to the beneficiary are not fixed but depend on the income earned by the investment of the premiums. * * * … Universalium
variable life insurance — an insurance policy whose annuity payments or payment to the beneficiary are not fixed but depend on the income earned by the investment of the premiums … Useful english dictionary
universal variable life insurance — see life insurance Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
life insurance — n: insurance providing for the payment of money to a designated beneficiary upon the death of the insured see also endowment insurance ordinary life insurance: whole life insurance in this entry straight life insurance … Law dictionary
variable universal life insurance — see life insurance Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. variable universal life insurance … Law dictionary
life insurance — insurance providing for payment of a sum of money to a named beneficiary upon the death of the policyholder or to the policyholder if still living after reaching a specified age. [1800 10] * * * Method by which large groups of individuals… … Universalium
