A combination of the features of variable life insurance and universal life insurance under the same contract. Benefits are variable based on the value of underlying equity investments, and premiums a [..]

This type of permanent life insurance policy offers death benefit coverage with the potential to accumulate cash value. Flexibility is available with premium payments, payment schedules and death benefits. Your premium payments are invested in your choice of a variety of options known as sub-accounts. This effectively increases the cash value accum [..]

A type of whole life insurance that provides greater potential for financial gain -- and brings greater risks. Like universal life insurance, variable universal life insurance offers flexible premiums [..]

Permanent life insurance that allows the policyholder to vary the amount and timing of premiums and, by extension, the death benefit. Universal life insurance policies accumulate cash value which grows tax deferred. Within certain limits, policyholders can direct how this cash value will be allocated among subaccounts offered within the policy. Sev [..]

A form of life insurance (also called Universal Life II or flexible life) offering a guaranteed death benefit that combines the flexible premium features of universal life with the investment componen [..]

see life insurance

Variable universal life insurance refers to an insurance that has combined features of variable life insurance as well as universal life insurance bound by the same contract. In variable universal lif [..]

A type of life insurance that combines a death benefit with an investment element that accumulates tax deferred. The account value can be allocated into a variety of investment subaccounts. The invest [..]

Permanent life insurance that allows the policyholder to vary the amount and timing of premiums and, by extension, the death benefit. Universal life insurance policies accumulate cash value which grow [..]

A combination of the features of variable life insurance and universal life insurance under the same contract. Benefits are variable based on the value of underlying separate accounts, and premiums and benefits are adjustable at the option of the policyholder.

A type of life insurance that combines the premium and death benefit flexibility of universal life insurance with the investment flexibility and risk of variable life insurance.

A combination of the features of variable life insurance and universal life insurance under the same contract. Benefits are variable based on the value of underlying equity investments, and premiums and benefits are adjustable at the option of the policyholder.

Permanent life insurance that allows the policyholder to vary the amount and timing of premiums and, by extension, the death benefit. Universal life insurance policies accumulate cash value which grow [..]

Permanent life insurance that allows the policyholder to vary the amount and timing of premiums and, by extension, the death benefit. Universal life insurance policies accumulate cash value which grows tax deferred. Within certain limits, policyholders can direct how this cash value will be allocated among subaccounts offered within the policy. Sev [..]

A Variable Life insurance policy provides both a death benefit and an investment component called a cash value. The owner of the policy invests the cash value in subaccounts selected by the insurer. The policyholder may accumulate significant cash value over the years and "borrow" the appreciated funds without paying taxes on the borrowed [..]

A type of life insurance policy that combines the premium flexibility features of universal life insurance with the policy owner-directed investment aspects of variable life insurance.