Variable Survivorship Life Insurance

Variable Survivorship Life Insurance is a type of life insurance policy that provides coverage for two or more people, typically a husband and wife. The policy pays out a death benefit upon the death of the first insured person, and then continues to pay out a reduced death benefit upon the death of the second insured person.

Variable Survivorship Life Insurance is often used as a way to provide financial security for a family after the death of a spouse. The policy can be used to pay off debts, such as a mortgage or student loans, or to provide for the education of children. It can also be used to provide a lump sum of money to the surviving spouse to use as they see fit.

Variable Survivorship Life Insurance is a flexible product that can be customized to meet the needs of individual families. The policy owner can choose the type of coverage, the amount of coverage, and the premium payment schedule. The policy owner can also choose how the death benefit is invested.

Variable Survivorship Life Insurance is a good option for families who want to provide financial security for their loved ones after the death of a spouse. The policy is flexible and can be customized to meet the needs of individual families.