Commodities Stock Glossary Variable life insurance policy

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Commodities & Stock Glossary: Variable life insurance policy

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Term:

Variable life insurance policy

Definition:

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.

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02/09/2012 - SV1n