Approximately equal to a 1:1.61 ratio, the Golden Ratio can be illustrated using a Golden Rectangle: a large rectangle consisting of a square (with sides equal in length to the shortest length of the rectangle) and a smaller rectangle. 1  The side lengths of a Golden Rectangle are in the Golden Ratio.
Loading the player... What is an 'Adjustable Life Insurance'. Adjustable life insurance is a type of life insurance that combines features of term and whole life coverage, giving policyholders the option to change the characteristics of their policies as their needs change over time.
Face Value. The face value is the original amount that the policy owner agreed to pay premiums for at the time of application. Face value is also referred to as the death benefit. Adjustable Face Value. Permanent life policies such as universal life can adjust the face value amount without changing the policy. Adjustable life insurance policies have the same flexibility as the face value is determined by the amount the policy owner is willing to pay for premiums.