What may a policyholder do if they wish to change their investment selections in Variable Life Insurance?

In Variable Life Insurance, policyholders have the flexibility to change their investment selections based on their financial goals. This option allows them to align their investments with their risk tolerance, market conditions, and overall financial strategy. The ability to adjust investments is one of the appealing features of Variable Life Insurance, as it enables the policyholder to take an active role in managing their cash value portion of the policy.

The periodic adjustments can be made more frequently than just once a year, providing greater adaptability and control over the investment component of the policy. This feature can enhance the growth potential of the cash value, as policyholders can capitalize on market opportunities as they arise.

Other options suggest limitations that do not accurately reflect the nature of Variable Life Insurance policies, which are designed for flexibility in managing investment choices.