variable life insurance


noun

an insurance policy whose annuity payments or payment to the beneficiary are not fixed but depend on the income earned by the investment of the premiums.

Nearby words

  1. varia lectio,
  2. variable,
  3. variable annuity,
  4. variable contrast paper,
  5. variable cost,
  6. variable region,
  7. variable resistor,
  8. variable star,
  9. variable-density wind tunnel,
  10. variable-geometry

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019