How Does Flexible Premium Adjustable Life Insurance Work? 
Five easy steps : 1 . Pick a face amount . 2 . Pick a premium to pay . 3 . Pick a period for which you need coverage . 4 . Meditate a bit on this : these three elements are interconnected . If you alter one , it will affect the others . For example , if you reduce the amount you pay , you could reduce both the face amount , and the period for which the coverage is guaranteed . 5 . Go ahead and live your life . Its a product that can be manipulated as your life circumstances change . But make sure you consult with your representative every time you want to make a change in the policy . Make informed decisions . 