Is Variable Life Insurance Worth It? 
Variable Life Insurance is a permanent form of life insurance and it is security . Any use of the separate accounts -LRB- excluding the guaranteed interest account -RRB- has the potential of market loss . Even the guaranteed interest account is subject to policy expenses that could exceed the interest credited . So its important to establish an investors profile addresses risk tolerance and economic goals in creating client product suitability . Variable life can have tax advantages and indemnification features that may fall within the scope of the investors goals and products suitability . In general terms , variable life insurance is a long term product , with surrender charges that could make it unsuitable for clients who need liquidity . If insurance is only being considered for death benefit coverage , there may be better alternatives with other types of permanent life insurance products . 