Discover the difference between variable life insurance and variable universal life insurance, and learn which one provides the most versatility.

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These policies let you invest your cash value directly in mutual fund-like accounts, but they also carry risks if the investments lose money Written By Written by Insurance Staff Writer, WSJ | Buy ...

What Is Variable Life Insurance? Variable life insurance is a type of permanent life insurance policy. Essentially, a variable life insurance policy boils down to a contract between you and an ...