Variable Life Insurance

Variable life insurance differs from whole life or universal life insurance in that policy owners direct a portion of their premium payments to several different investment accounts.* This makes variable life insurance more risky than other forms of cash value insurance, but it affords you a possibility of greater returns.  Some of the account choices for variable life insurance are:

  • Common stocks
  • Bonds
  • Money Market

With this type of policy, the death benefit and cash value vary 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. This type of insurance is also typically more expensive then traditional permanent insurance.

Advice Focused On You

For help in deciding what type of insurance best meets your goals and objectives, our Financial Advisors have the know-how to help you navigate the world of insurance. Call us today at (800)392-3009 to schedule an appointment with a Financial Advisor or visit a People's United branch and ask to see one of our life insurance licensed employees.

Related Information


Disclaimer


*Loans and withdrawals will have the effect of decreasing the death benefit. Coverage lasts as long as premiums are paid. Guarantees are subject to the claims-paying ability of the insurance carrier. You should review the prospectus carefully before investing.


Investment and Insurance Products:

  • Not Insured by FDIC or any Federal Government Agency
  • Not a Deposit of or Guaranteed by a Bank or any Bank Affiliate
  • May Lose Value

Investment and insurance products are offered through People’s Securities, Inc., a Broker/Dealer, member of FINRA and SIPC, an insurance agency and a registered investment advisor. People’s Securities, Inc. is a subsidiary of People’s United Bank, N.A. Investment products may involve risk, including possible loss of principal.

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