Variable Death Benefit
The amount paid to a decedent's beneficiary that is dependent on the investment performance of an insurance company's separate account.
Investopedia Commentary
The amount is added to any guaranteed minimum death benefit.
Related Links
Buying Life Insurance: Term Versus Permanent
A Look At Single-Premium Life Insurance
See also: Beneficiary, Death Benefit, Dread Disease Rider, Life Expectancy, Life Insurance, Variable Life Insurance