http://rus.leaping.net/insurance/life/variable History/revisions of Ruslan Bondar Site/insurance/life/variable en-us http://rus.leaping.net/insurance/life/variable/show?time=2005-09-22+23%3A09%3A50 <a name="h342-1"></a><h1>VARIABLE LIFE</h1> <br /><a name="p342-1"></a><p class="auto" id="p342-1"> Most types of&nbsp;both traditional and&nbsp;interest sensitive life policies can&nbsp;be&nbsp;purchased on&nbsp;either a&nbsp;<span class="nobr">fixed-dollar</span> or&nbsp;variable basis. On&nbsp;a <span class="nobr">fixed-dollar</span> basis, premium, face amount and&nbsp;cash values are&nbsp;specified in&nbsp;dollar amounts.</p><br /><a name="p342-2"></a><p class="auto" id="p342-2"> On&nbsp;the variable basis, face amount and&nbsp;cash value are&nbsp;specified in&nbsp;units, and&nbsp;the value of&nbsp;the units may&nbsp;increase or&nbsp;decrease depending upon the&nbsp;investment results. You&nbsp;can allocate your premiums among various investment pools (like stock, bond, money market, mutual funds and&nbsp;real estate pools) depending on&nbsp;the amount of&nbsp;risk you&nbsp;are willing to&nbsp;assume in&nbsp;the hope of&nbsp;a higher return.</p><br /><a name="p342-3"></a><p class="auto" id="p342-3"> Traditional variable life provides a&nbsp;minimum guaranteed death benefit, but&nbsp;many universal variable life products do&nbsp;not, and&nbsp;should investment experience be&nbsp;bad, coverage will terminate if&nbsp;substantially higher premium payments are&nbsp;not made. Variable life is&nbsp;also made available on&nbsp;a single premium basis but&nbsp;if&nbsp;investment experience is&nbsp;poor additional premiums will be&nbsp;required.</p><br />