Do Variable Life Insurance policies generally include a guaranteed minimum death benefit?

Variable Life Insurance policies typically include a feature that offers a guaranteed minimum death benefit, but this can depend on the specific terms and riders selected at the time of purchase. This flexibility allows policyholders to tailor their coverage based on their financial goals and needs.

In Variable Life Insurance, the death benefit can fluctuate based on the performance of the underlying investment options chosen by the policyholder. However, many policies provide a minimum death benefit that ensures a certain level is paid out to beneficiaries, regardless of how investments perform. Additionally, optional riders may enhance this feature, allowing consumers to customize their policies further.

Each policy can differ significantly based on the insurance company and the specifics of the policy, which is why understanding the terms and conditions surrounding the death benefit is essential for potential buyers.