How Does A Variable Life Insurance Work? 
How does a variable life policy work ? The portions of the premium that do n't pay expenses or cost of insurance go into the accumulation account within the policy . From this accumulation account the insured chooses different mutual fund investments within the insurance policy . These choices have the potential to preform better than average , average or below average . Great care must be had when deciding on a variable life policy . These are not simply buy and put in a drawer plans . Variable Life policies require review and readjustment/allocation over time . If you do not plan on paying attention to this type of policy , do not choose it . 