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August 08, 2005
Variable Life Insurance
Variable Life Insurance Policy: A variable life insurance policy differs from a whole life policy in four main respects: * a new concept, the separate account is presented; * the policyowner assumes the risk for the performance of the policy; * a minimum guaranteed death benefit is provided based on an assumed rate of interest ; and, * the product is a security which adds
Posted by Lorren at August 8, 2005 01:10 PM
