What is variable life insurance What are the advantages and disadvantages of Variable Life policies How can individuals avoid the high fees of variable life insurance?

What is variable life insurance What are the advantages and disadvantages of Variable Life policies How can individuals avoid the high fees of variable life insurance?

An advantage of variable life policies is​ that: policyholders have flexibility in making their own investments. Individuals avoid the high fees of variable life insurance​ by: purchasing​ lower-cost term insurance and investing the cost difference.

See also  What is RTGS transfer NCB?