An amount paid to a decedent's beneficiary which is dependent on the performance of the insurance company's investment. For such benefit plans, a certain minimum payout is guaranteed, but the beneficiary can potentially get a larger payout if the company's investments perform sufficiently well.
Related information about variable death benefit:
- Variable Death Benefit Definition | Investopedia
3 days ago ... The amount paid to a decedent's beneficiary that is dependent on the performance of an investment account within a variable universal life ...
- Variable Death Benefit - Financial Dictionary - The Free Dictionary
A benefit in some life insurance policies where the designated beneficiary is guaranteed a minimum death benefit and an additional benefit, depending on the ...
- What is a Variable Death Benefit?
A variable death benefit may be awarded to your beneficiaries under two circumstances. You may purchase something called variable annuity life insurance, ...
- What is variable death benefit? definition and meaning
Definition of variable death benefit: An amount paid to a decedent's beneficiary which is dependent on the performance of the insurance company's investment.
- Buyer's Guide to Variable Universal Life Insurance - ING
Option B (Variable) – Death benefit equals the policy face amount plus the accumulation value. Option C (Face Amount Plus Premium) – Death benefit equals ...
- OWNER'S GUIDE - Prudential
If you have a variable death benefit policy, you can make a withdrawal from your ... level and variable death benefit policies, and they are generally not taxable.
- Variable Universal Life Insurance - Sovereign Bank | Financial ...
... heirs will have the right amount of money when you're no longer here, don't gamble on a variable death benefit. When might you consider this type of policy?
- Chapter 3
Each time the separate account performance rises or falls, the variable death benefit rises or falls with it. At some point, the separate account line may remain ...