| 词汇 | variable universal life insurance |
| 释义 | `1`variable universal life insurance `2` "Nolo Everybody's Legal Dictionary": A type of whole life insurance that provides greater potential for financial gain--and brings greater risks. Like universal life insurance, variable universal life insurance offers flexible premiums, payment schedules and benefits. But variable universal life policies are riskier because the premiums are invested in stocks, rather than more predictable money market accounts and bonds. Also called universal variable life insurance. |
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