Financial Dictionary
variable life insurance
- Life insurance that relates benefits to the value of a separate investment account underlying the annuity. This insurance is designed to prevent erosion of benefits by inflation. The size of the benefits will vary.
Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary
Main Entry:
variable life insurancesee
LIFE INSURANCE
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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