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Investing Glossary:
Variable life insurance policy
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
| Variable life insurance policy
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| Definition: |
| A whole life Insurance policy that provides a death benefit Dependent on the insured`s portfolio Market value at the time of death. Typically the Company invests premiums in common stocks, so Variable life policies are referred to as equity-linked policies.
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