<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Scudder
Variable Life Investment Fund Growth and Income Portfolio Annual Report for the
fiscal year ended December 31, 1995 and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 8
<NAME>  SCUDDER VARIABLE LIFE INVESTMENT FUND G&I PORTFOLIO
       
<S>                           <C>
<PERIOD-TYPE>                 YEAR
<FISCAL-YEAR-END>                     DEC-31-1995
<PERIOD-START>                         JAN-1-1995
<PERIOD-END>                          DEC-31-1995
<INVESTMENTS-AT-COST>                  43,992,798
<INVESTMENTS-AT-VALUE>                 51,777,264
<RECEIVABLES>                             446,411
<ASSETS-OTHER>                                814
<OTHER-ITEMS-ASSETS>                            0
<TOTAL-ASSETS>                         52,224,489
<PAYABLE-FOR-SECURITIES>                   53,204
<SENIOR-LONG-TERM-DEBT>                         0
<OTHER-ITEMS-LIABILITIES>                 208,851
<TOTAL-LIABILITIES>                       262,055
<SENIOR-EQUITY>                                 0
<PAID-IN-CAPITAL-COMMON>               43,108,706
<SHARES-COMMON-STOCK>                   6,510,714
<SHARES-COMMON-PRIOR>                   3,204,882
<ACCUMULATED-NII-CURRENT>                 403,970
<OVERDISTRIBUTION-NII>                          0
<ACCUMULATED-NET-GAINS>                   665,292
<OVERDISTRIBUTION-GAINS>                        0
<ACCUM-APPREC-OR-DEPREC>                7,784,466
<NET-ASSETS>                           51,962,434
<DIVIDEND-INCOME>                       1,273,665
<INTEREST-INCOME>                         135,250
<OTHER-INCOME>                                  0
<EXPENSES-NET>                            268,639
<NET-INVESTMENT-INCOME>                 1,140,276
<REALIZED-GAINS-CURRENT>                  685,486
<APPREC-INCREASE-CURRENT>               8,112,233
<NET-CHANGE-FROM-OPS>                   9,937,995
<EQUALIZATION>                                  0
<DISTRIBUTIONS-OF-INCOME>               (895,880)
<DISTRIBUTIONS-OF-GAINS>                (150,289)
<DISTRIBUTIONS-OTHER>                           0
<NUMBER-OF-SHARES-SOLD>                 4,166,992
<NUMBER-OF-SHARES-REDEEMED>           (1,012,614)
<SHARES-REINVESTED>                       151,454
<NET-CHANGE-IN-ASSETS>                 31,887,592
<ACCUMULATED-NII-PRIOR>                   164,132
<ACCUMULATED-GAINS-PRIOR>                 125,538
<OVERDISTRIB-NII-PRIOR>                         0
<OVERDIST-NET-GAINS-PRIOR>                      0
<GROSS-ADVISORY-FEES>                     169,852
<INTEREST-EXPENSE>                              0
<GROSS-EXPENSE>                           268,639
<AVERAGE-NET-ASSETS>                   35,816,197
<PER-SHARE-NAV-BEGIN>                        6.26
<PER-SHARE-NII>                              0.23
<PER-SHARE-GAIN-APPREC>                      1.72
<PER-SHARE-DIVIDEND>                       (0.19)
<PER-SHARE-DISTRIBUTIONS>                  (0.04)
<RETURNS-OF-CAPITAL>                            0
<PER-SHARE-NAV-END>                          7.98
<EXPENSE-RATIO>                              0.75
<AVG-DEBT-OUTSTANDING>                          0
<AVG-DEBT-PER-SHARE>                            0
        

</TABLE>