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Life insurance under which the benefits relate to the value of assets behind the contract at the time the benefit is paid. The amount of
death benefit and the cash value of the policy fluctuate according to the investment performance of a separate account fund. Most variable life insurance
policies guarantee that the death benefit will not fall below a specified minimum. |
| The right an employee receives through length of service time to keep employer-contributed benefits such as payments made to
a pension plan, 401(k), profit sharing plan, or other retirement plan. |
| Refers to the level and frequency of fluctuations in the price of a particular stock, bond, or other type of security. |
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