Review:
Variable Life Insurance
overall review score: 4.2
⭐⭐⭐⭐⭐
score is between 0 and 5
Variable life insurance is a type of permanent life insurance that allows the policyholder to allocate a portion of their premium payments to investment options.
Key Features
- Cash value accumulation
- Investment flexibility
- Death benefit
- Tax-deferred growth
Pros
- Potential for cash value growth
- Flexibility in investment options
Cons
- Higher cost compared to term life insurance
- Risk of poor investment performance