If you want to be able to control how your premiums are invested, a variable life insurance policy might be right for you. Variable life policyholders choose from a selection of investment funds including stock band and money market funds managed by the insurance company. You should investigate your policy thoroughly before purchasing anything. Make sure your insurance agent is a registered representative of a licensed broker-dealer and that he or she gives you a prospectus with an extensive disclosure about the policy. The cash value of your policy will be determined by how well your selected investments do. Ask your insurance agent about scheduling flexible or fixed premium schedules. Consult an insurance agent in your are for more information.
©2006 Crossroads Mobile. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.