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Glossary > V > "Variable life insurance policy" Definition

Variable life insurance policy

A whole life insurance policy that provides a death benefit dependent on the insureds 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 equity-linked policies.

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Variable life insurance policy \ A whole life insurance policy that provides a death benefit dependent on the insureds 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 equity-linked policies.

Variable life insurance policy / a whole life insurance policy that provides a death benefit dependent on the insureds 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 equity-linked policies.