What Is A Variable Life Insurance Policy at Life

What Is A Variable Life Insurance Policy. A variable universal life policy features a blend of features characteristic of variable life and universal life policies. A variable life insurance policy is a contract between you and an insurance company.

It includes both the death benefit and a cash value, but policyholders can choose their investment options. Variable life insurance is another type of permanent life insurance. The type of life insurance policy we are going to focus upon is variable life insurance which is a type of permanent policy.

Allstate Life Insurance Review 2021

The differentiating characteristics of a variable life insurance policy. A variable life insurance policy is a type of permanent life insurance. This product contains separate accounts comprised of various instruments. Affordable, flexible term life insurance at your pace.