O'Reilly logo

The Handbook of Professionally Managed Assets: A Definitive Guide to Profiting from Pooled Investments by Keith R. Fevurly

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

images

Variable and Variable Universal Life Insurance

Life insurance company-managed products are a large part of the professionally managed assets (PMA) universe of options. This chapter and the next examine variable life products (including variable universal life) and variable annuities, respectively. Both variable life products and variable annuities are products in which the cash value (in the case of variable life options) or accumulation units (in the case of variable annuities) are invested in mutual fund–type investments.  A life insurance policy is purchased to protect survivors from the risk of premature death of the insured, whereas an annuity ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required