Variable Life Insurance Policy

Variable Life Insurance Policy
A type of insurance policy providing death benefit, which depends on the market value of the insured individual’s portfolio at the time of demise. The insurer may have the option to allocate a portion of premium dollars towards separate accounts comprised of different investment funds and instruments within the company’s portfolio, like bonds, stocks, equity funds and bond funds.

Random Finance Terms for the Letter V

  • Value Investing
  • Value Manager
  • Vanilla Issue
  • Vanishing Premium Policy
  • Variable Annuities
  • Variable Cost
  • Variable Death Benefit
  • Variable Life Insurance Policy
  • Variable Price Limit
  • Variable Price Security