A type of ordinary life insurance in which death benefits and cash values are linked to the investment performance of a policyholder-selected pool of investments held in a so-called separate account.Synonyms: unit-linked life insurance Related Terms: Ordinary life insurance 

A type of whole life policy in which the death benefit and the cash value fluctuate according to the investment performance of a separate account fund that the policyholder selects. Because the investment account is regulated by the Securities and Exchange Commission, the policyholder must be presented with a prospectus before they purchase a varia [..]

A form of life insurance whose face value fluctuates depending upon the value of the dollar, securities or other equity products supporting the policy at the time payment is due.

A policy that provides a guaranteed minimum death benefit with the potential for increased benefits, without the necessity of paying additional premium dollars. Under such policies, the insured obta [..]

A policy in which the death benefit and cash surrender values vary according to the investment experience of a separate investment account.

Variable life insurance policies are cash-value policies that allow you to choose how your premium is invested from among a package of alternatives offered by the insurer. In many variable life policies, the face value of your policy depends on how well the investments you’ve chosen are performing.

A type of whole life insurance in which the amount of death benefits varies, depending on the performance of investments. The insurance company places some or all of the fixed premium payments into an [..]

Definition A form of life insurance whose face value depends on the value of the products used for equity, such as securities, at the time of payout.

A form of whole life insurance under which the death benefit and the cash value of the policy fluctuate according to the investment performance of a separate account fund. Most variable life insurance [..]

see life insurance

life insurance whose face value and/or duration varies depending upon the value of underlying securities.

Life insurance under which the benefits will vary, depending upon the investment experience of a separate account supporting such a policy.

Variable life insurance is a form of life insurance whose face value fluctuates in accordance to the value of the dollar, securities or other equity products supporting the policy at the time when pay [..]

A form of life insurance whose cash value and/or face value fluctuates depending upon the value, securities or equity products supporting the policy, invested in funds called separate accounts, the sum of which comprise the cash value of the policy.

Life insurance under which the benefits relate to the value of assets behind the contract at the time the benefit is paid. The amount of death benefit payable would, under variable life policies that [..]

A policy that combines protection against premature death with a savings account that can be invested in stocks, bonds, and money market mutual funds at the policyholderís discretion.

A type of life insurance characterized by death benefits and cash values that fluctuate according to the investment performance of specific accounts.

A form of permanent life insurance that provides permanent coverage to the beneficiary upon the death of the insured person. It is usually the most expensive type of cash-value insurance, because it a [..]

Investment-oriented whole life insurance policy that provides a return linked to an underlying portfolio of securities. The portfolio typically is a group of mutual funds established by the insurer as [..]

A type of life insurance

A permanent life insurance policy that has a guaranteed death benefit and cash value can be invested. The death benefit can increase, but will never fall below the face value; the cash value will fluc [..]

This type of insurance provides coverage for your entire life and builds up savings over time, much like "whole life insurance". People you name as beneficiaries collect a death bene [..]

A variation of permanent life insurance that offers cash values that fluctuate based on the performance of the underlying mutual funds in the investment account.

A form of Life Insurance whose cash value – and possibly face value – fluctuates depending on the value of the securities supporting the policy.  The policyholder selects the securities from several made available by the insurer.  Policy may be in the form of Whole Life or Universal Life Insurance.

A policy that combines protection against premature death with a savings account that can be invested in stocks, bonds, and money market mutual funds at the policyholder’s discretion.

A form of life insurance whose face value fluctuates depending upon the value of the dollar, securities or other equity products supporting the policy at the time payment is due.

A type of permanent life insurance that allows some or all of the premium payments to be held in a separate account for investment purposes. The policy owner assumes this investment risk.

A form whose face value varies depending upon the value of the dollar or securities or other equity products at the time payment is due.

Life Insurance under which the benefits relate to the value of assets behind the contract at the time the benefit is paid. The amount of death benefit payable would generally not be less than the init [..]

A form of life insurance contract under which the benefits, payable upon death or surrender, and/or the premiums vary with the investment performance of the assets derived from the sale of those contr [..]

A policy that combines protection against premature death with a savings account that can be invested in stocks, bonds, and money market mutual funds at the policyholder’s discretion.