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Glossary > V > "Variable life insurance" Definition

Variable life insurance

A form of cash value life insurance in which the cash value of the policy may be invested in shares and bonds etc. according to the insured"s choice.

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Variable life insurance - A form of cash value life insurance in which the cash value of the policy may be invested in shares and bonds etc. according to the insured"s choice.

Variable life insurance : a form of cash value life insurance in which the cash value of the policy may be invested in shares and bonds etc. according to the insured"s choice.