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	<title>New answer on: What Is The Difference Between Whole Life And Variable Life Insurance?</title>

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		<title>By: Jim Winkler</title>

		<link>https://insurancelibrary.com/life-insurance/what-is-the-difference-between-whole-life-and-variable-life-insurance</link>

		<dc:creator>Jim Winkler</dc:creator>

		<pubDate>Wed, 03 Sep 2014 23:00:40 +0000</pubDate>

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		<description><![CDATA[That is a terrific question! They both are whole life policies, and they both have a death benefit, and that&#039;s pretty much where the similarities end. A whole life policy will have a set death benefit, and a set premium payment, that is always the same. This is a policy that you can purchase, set up on autopay, and basically let run on autopilot. A variable policy isn&#039;t quite so simple. In this type of policy you are given responsibility for where the premiums are invested, so the risk moves from the insurer to you. The premiums can be stable, if you are good at investing, and the costs of the insurance are covered. If you&#039;re not, your premiums can vary quite a bit, and your length of coverage can be shortened considerably, or even ended. This is definitely not an autopilot policy. I hope that shows you what you needed to see. Thank you for asking!]]></description>

		

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		<title>By: David Pipes</title>

		<link>https://insurancelibrary.com/life-insurance/what-is-the-difference-between-whole-life-and-variable-life-insurance</link>

		<dc:creator>David Pipes</dc:creator>

		<pubDate>Wed, 03 Sep 2014 18:07:38 +0000</pubDate>

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		<description><![CDATA[In a whole life policy the company assumes responsibility to make sure that the policy will meet all of its promises.  The customer only needs to pay the premiums.  In a variable life policy, the customer directs where the money paid to the company will be invested.  The company is only required to pay the death claim when there is sufficient cash in the policy to keep it in force. ]]></description>

		

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		<title>By: Jose S Sanchez Jr</title>

		<link>https://insurancelibrary.com/life-insurance/what-is-the-difference-between-whole-life-and-variable-life-insurance</link>

		<dc:creator>Jose S Sanchez Jr</dc:creator>

		<pubDate>Wed, 03 Sep 2014 16:04:31 +0000</pubDate>

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		<description><![CDATA[the simplest way to think about it is that variable life policy&#039;s allow you to chose how much your premium payment will be and where the money will be invested. on the other have a whole life policy will have a fixed premium and a fixed interest rate. there are pros and cons to explore with each type of policy. I hope that helps..]]></description>

		

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