Are the premiums for Variable Life Insurance guaranteed?

The premiums for Variable Life Insurance are flexible but not guaranteed, making it possible for policyholders to adjust the amount and frequency of their premium payments within certain limits. This flexibility allows the insured to increase or decrease their premiums based on their personal financial situation or investment objectives. Unlike traditional life insurance policies with fixed premiums, Variable Life Insurance does not guarantee that premiums will remain constant throughout the life of the policy.

This structure also reflects the investment component of Variable Life Insurance, where the cash value and death benefit can fluctuate based on the performance of the underlying investments chosen by the policyholder. Therefore, while there is a degree of flexibility in premium payments, the lack of guarantees means that policyholders should consider their long-term financial goals and risk tolerance when participating in this type of policy.