- The Variable Death Benefit is the amount in the investment account paid to the beneficiary of the deceased under a variable life insurance policy.
- An investment account or a cash value account under a variable life insurance policy is used to invest in stocks or equity mutual funds for profit.
- Although investment accounts promise above average returns, their returns are not always positive and depend on the state of the stock markets.
- Variable life insurance policies are associated with a management fee that can absorb the total amount of the variable death benefit.