Variable Life Insurance

This insurance coverage is tied to the performance of Wall Street. The amount of your policy will depend on how well your portfolio performs. You have the option of determining how the net policy values will be invested.

The cash value of the variable life insurance can increase in value more quickly than the other cash value policies if the market performs, otherwise your death benefit can decrease in value if the stock market performs poor. As a result, if the death benefit decreases, you may need to pay higher premiums to keep your policy active.

One of the benefits of the variable life insurance is that you can borrow or even withdraw against the cash value at anytime.