variable life insurance
variable life insurance 可变人寿保险 终身人寿保险的一种创新形式，其年保险费是固定的，但其中的一部分专门用于投资组合账户〔portfolio〕。尽管保险公司担保最低死亡抚恤金的支付不受任何证券投资组合亏损的影响，但保险单持有者承担着证券投资的风险。
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variable life insurance
variable life insurance
A form of life insurance in which the premiums are invested in securities and whose death benefits thus depend on the securities’ performance, though there is a minimum guaranteed death benefit.
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