There's something called "variable life," which refers to a life insurance policy where the policyholder can make decisions about the investment of the money in the whole life policy.

有种保单叫做"可变寿险",作为终身寿险的一种,投保人可以自主选择,在终身寿险上进行多少投资

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Variable life insurance can cut your tax bill, but your financial picture has to be just so.

FORBES: Magazine Article

There are many variations on the permanent life insurance policy, including whole life, universal life and variable universal life.

FORBES: Estate Tax Insurance

Many view MetLife as primarily a life insurance company selling a variety of products such as variable, universal, whole and term life insurance policies.

FORBES: MetLife Pushes New Products, Adds Life To Shares