Variable Life Insurance Financial Glossary

What is it? This type of insurance provides coverage for your entire life and builds up savings over time. You can invest your savings in a menu of mutual funds, which generally are managed by the insurance company.

Finance Term Definition Added By: Ellie

The Variable Life Insurance definition has been viewed 2256 Time(s)!

Send To Friends!

If you'd like to send the Variable Life Insurance definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Variable Life Insurance. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Permanent health insurance is Provides an income, until retirement if necessary, if you cant work because of sickness or disability.

Financial Term dated billings is Receivables created by invoices that do not require the account party to pay until some date in the future. Sometimes called datings.

Financial Term CHAPS payment is Clearing House Automatic Payment System - an electronic transfer of money between two bank accounts that will clear the payees account on the same working day provided instructions are received before 3.15 pm.

Financial Term Free and clear is Owning property free and clear is having title to a property without encumbrances; that is, free of liens. Also known as having clear title or marketable title.

Financial Term drawee is The party to whom a check or draft is written. Also called payee.