variable life insurance
- A whole life insurance policy where the death benefit amount fluctuates based on investment performance, with the policyholder bearing potential losses but also benefiting from a guaranteed minimum payout
- John's variable life insurance policy increased in value due to savvy investments.
- Despite downturns in the market, Sarah still received the minimum benefit from her variable life insurance.
- When his investment performed well, Kevin's variable life insurance payout was higher than expected.
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