What does adjustable life insurance mean?

adjustable life insurance meaning in Law Dictionary

policy that allows the owner to alter the facial skin amount, form of protection, or time period of premium.


adjustable life insurance meaning in Business Dictionary

variety of plan enabling (within specific limits) the policyholder to (1) raise or reduced the face amount of the policy, (2) lengthen or shorten the security period additionally the connected advanced, and (3) change the particular security.