Variable Survivorship Life Insurance

Definition of "Variable survivorship life insurance"

Matthew A. Langston real estate agent
Matthew A. Langston, Real Estate Agent Sellstate Property Group

Policy that combines life insurance coverage on two lives and pays policy proceeds on the second person's death with the accumulation potential of an underlying variable investment portfolio. This variable portfolio will allow the policy proceeds to rise and fall just as in the single-life variable life policy.


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