An insured usually chooses variable life insurance in order to
A)provide more flexible coverage.
B)emphasize the savings portion while still having death protection.
C)lessen the savings feature of life insurance.
D)substitute for fixed-dollar insurance protection.
E)reduce insurance premiums.

Question

Quizplus · Accepted Answer

Variable life insurance allows the insured to invest in sub-accounts, which are similar to mutual funds, and potentially increase the savings portion of the policy. This emphasis on savings is paired with death protection, making it a popular choice for those who want both benefits.

An Insured Usually Chooses Variable Life Insurance in Order to