What Is Variable Life Insurance at Life

What Is Variable Life Insurance. This type of life insurance policy is one that will stay with you for life, so long as you pay the premiums. Variable life insurance is a permanent life insurance product with separate investment accounts, and often offers flexibility regarding premium remittance and.

Coverage remains in effect as long as premiums are paid, and the death benefit pays out to the. Variable life insurance is a type of permanent life insurance policy that has an investment account attached to it. Similar to any life insurance policy, variable life insurance provides a death benefit and requires the beneficiary to pay premiums into an account.

Neil A. Robertson Senior ALM Life / Health Allianz

This, at least somewhat, reduces the main benefit of variable life insurance policies, which is. Variable life insurance is a type of permanent life insurance that allows the insured person to place a percentage of their premium payments into the insurer's portfolio of investment accounts. This type of life insurance policy is one that will stay with you for life, so long as you pay the premiums. Variable life insurance is a type of permanent life insurance that provides a death benefit throughout your life, as well as the ability to build cash value through investment options that you can manage.