What is Variable Life Insurance?
I have been looking into purchasing a life insurance policy, but I’ve come across a term I haven’t been aware of before: variable life insurance. Can someone clarify just exactly what the pros and cons are of this type of insurance is? What is the difference between this and regular life insurance? I want to be able to still provide for my family, even after I am gone, but I want to make sure that I purchase the policy that is right for me. I’m curious if variable life insurance will give me more flexibility over regular policies. Can someone help?