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Variable life policies: These have a guaranteed death benefit and cash value—but you can invest the cash value to earn higher returns. The investments do come with risk—and may even lose value ...
There’s no option to pay back the $10,000 to increase the death benefit back to $500,000. ... One of the primary advantages of a life insurance death benefit is the flexibility it offers, as ...
As the average life expectancy increases and one’s retirement savings must last longer, understanding […] The post Understanding the Death Benefit of a Variable Annuity appeared first on ...
Death benefit and other features Variable annuities often come with a death benefit , which pays out a designated amount to your beneficiaries if you pass away before annuitization.
Variable life insurance provides lifelong protection with a cash value that grows through investments. Learn how this policy works and if it's right for you.
Variable universal life insurance (often shortened to VUL) is a type of life insurance that builds a cash value. In a VUL, the cash value can be invested in a wide variety of separate accounts , similar to mutual funds , and the choice of which of the available separate accounts to use is entirely up to the contract owner.
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