Which of the following determines how much premium the policyholder pays for a Variable Life Insurance policy?

In a Variable Life Insurance policy, the amount of premium the policyholder pays is influenced by several factors, including the choice of investment options and the health status of the policyholder. This flexibility allows policyholders to select different investment accounts, which can potentially increase or decrease the overall cost of coverage depending on their financial goals and preferences.

Additionally, health status plays a significant role as it can impact the underwriting process. Those in better health may receive lower rates due to the perceived lower risk of mortality, while those with health issues may face higher premiums. Therefore, the interaction between the policyholder's investment choices and health status actively determines the premium amount, providing the policyholder with an opportunity to tailor the policy to their financial situation and risk tolerance.