| Term and cash value split into distinct accounts; Owner can direct cash value part of premium to several "mutual fund-like" sub-accounts |
Fixed premiums; Owner directs investment portion into chosen sub-accounts |
Amount depends primarily on performance of sub-accounts |
Potential for investment return beyond that possible with "general account" policies |
Poor investment performance can drain or eliminate cash value (although face amount is guaranteed) |
Young buyers; Buyers looking to direct their investments; Buyers with long-term insurance and investment needs |