Carl would like to purchase life insurance.He would also like to invest in a mutual fund.An agent told Carl about a form of life insurance in which Carl could select where the saving component is invested.This form of life insurance has fixed premiums and the cash value is not guaranteed.This type of life insurance is called

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The form of life insurance described is variable life insurance, which allows the policyholder to select where their savings component is invested. This type of insurance has fixed premiums but the cash value is not guaranteed, as it is invested in the market. This fits Carl's desire to invest in a mutual fund, allowing him to potentially earn higher returns on his policy's cash value.

Carl Would Like to Purchase Life Insurance