Variable Permanent Life Insurance

Variable Life Insurance takes its place among permanent life insurance options, characterized by fixed premiums and a minimum death benefit, offering a unique layer of security. Diverging from Whole Life Insurance, the cash value in this type of policy is invested in a diverse portfolio of securities.

As a policyholder, you have the freedom to select the mix of investments that align with your preferences, ranging from equity funds and money market funds to stocks, bonds, or a combination thereof.

Variable life insurance introduces an element of market influence on the death benefit and cash value. While this dynamic setup presents the potential for higher interest and investment gains, it also comes with inherent risks. To address this, many policies include safeguards to prevent the death benefit from dropping below a predetermined minimum. Some even offer additional riders, for an extra fee, to ensure a minimum death benefit guarantee.

Much like other permanent life insurance options, the cash value in a variable life insurance policy is accessible through withdrawals and loans, providing flexibility for policyholders to leverage their policy’s financial components.

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