Definition for Variable life insurance policy
From Biology Forums Dictionary
Revision as of 11:16, 29 August 2017 by Bio man (Talk | contribs) (Created page with "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 c...")
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-linked policies.
