法律英语单词“variable life insurance ”的读音、释义及例句-英汉汉英法律词典

词汇	variable life insurance
释义	`1`variable life insurance `2` "Nolo Everybody's Legal Dictionary": A type of whole life insurance in which the amount of death benefits varies, depending on the performance of investments. The insurance company places some or all of the fixed premium payments into an investment account; some companies let the insured person decide how the money is invested. The policyholder bears the risk of investment losses, though there is a guaranteed minimum benefit payment. One benefit of variable insurance is that interest and dividend income from the investment account is not taxed until it is paid out to the policyholder.
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