I can't say I have heard of Adjustable Life Insurance however I think you might be referring to Flexible Premium Life Insurance. All this means is that within your life insurance contract, a permanent plan, you can "adjust" the premium, increase/lower the death benefit and may be able to remove some riders as needed.
A "Fixed" plan means you are locked in, generally speaking.
I would have to see what you are referencing in order to confirm or change my answer.
A "Fixed" plan means you are locked in, generally speaking.
I would have to see what you are referencing in order to confirm or change my answer.