Variable life insurance is a form of permanent insurance that offers both the traditional protection of a death benefit and the opportunity to accumulate cash value. With variable life policies you direct the investment of the policy's cash value. Each time you pay a premium a portion is allotted toward insurance expenses and the remaining funds are allocated to a series of subaccounts, each with their own objective and risk level. These subaccounts can consist of stock, bond or money market portfolios which are managed by professional money managers. The policy's death benefit and cash value are linked to the performance of the subaccounts underlying funds, therefore they can increase or decrease in value and are linked to the performance of the underlying subaccounts.
Why consider variable life insurance?
A Variable Life policy is designed for individuals who want death benefit protection and the potential for growth through cash value accumulation. In short, if you need permanent life insurance protection and are comfortable with investment risk, then a Variable Life policy may be right for you.
Our variable life insurance options
ISP CHOICE Variable Life Insurance
Single Premium Variable Life Insurance
Variable Universal Life
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