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irina [24]
4 years ago
10

The insurance coverage in a variable life insurance policy may vary based on the value of

Business
1 answer:
marishachu [46]4 years ago
4 0

The insurance coverage in a variable life insurance policy may vary based on the value of the invest subaccounts.

In a variable life insurance policy, the underlying cash value will increase or decrease depending on market conditions. The advantage of this approach is that the owner of the policy has a very good chance of making investment gains if they hold the contract for longer than a decade. The risk for the owner of the policy is that there is no guarantee in the stock market.

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