Variable Life Insurance

2007-03-08 10:33:40

( Insurance )



Life Insurance in General
Life insurance is an insurance that provides benefits in the event of death. Some forms of life insurance provide living benefits, which can be received in the event of disability of disease.

Variable Life Insurance
A modern form of life insurance is variable life insurance. Variable life insurance is an insurance that combines traditional life insurance with a form of investment. This involves exposure to certain financial risks, and greater opportunities for financial rewards. The typical variable life insurance policy will involve the splitting of the premium into two uses. The first portion of the premium will be used to pay for traditional life insurance, while the rest of the premium will be invested in a managed fund. This fund will be a separately managed fund from the corporation’s ordinary investments. The insurance company will use manage this fund with the specific aim of making your money grow. To do this, some risks are always necessary. In a variable life insurance policy, you will be required to bear these risks. If you lose money from your investment, the company will not be liable.

Universal Life Insurance
Universal life insurance is a form of life insurance that allows you to vary the amount of premiums you pay. If you raise the premium payment, your life insurance coverage increases. Likewise, if you lower the payment, your life insurance coverage decreases.

Variable Universal Life Insurance
Variable universal life insurance combines the two principles of variable life insurance and universal life insurance. The premium will be split into two, one portion which will buy insurance, and the other portion which will be invested. Variable universal life insurance allows you to decrease orincrease your premium amount at will. This will likewise decrease or increase the face amount of the insurance policy, and increase or decrease the amount of your investment.


All rights Reserved © Tradenet Services srl
Do not duplicate or redistribute in any form.