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![]() ![]() Variable Life Insurance varies from whole life insurance and universal life insurance in that policy owners direct their premium payments among several different investment accounts. Some of the account choices for variable life insurance are:
With this type of policy, the death benefit and cash value varies in relation to the value of the investments within the policy. If the value of the account increases, so will the benefits;if the value of the account decreases, so will the benefits, subject to a minimum guarantee. Variable life insurance is more risky to the policy owner than the other forms of cash value insurance, but there is a possibility of greater returns.
Advice Focused On You Not Insured by FDIC or any Federal Government Agency Not a Deposit of or Guaranteed by a Bank or any Bank AffiliateMay Lose Value People's Financial Advisors is a division of People's Securities, Inc. Investments & Insurance are available through People's Securities, Inc. (member FINRA and SIPC), a subsidiary of People's United Bank. |
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