"I know,boss, but this is very important. The man from the life insurance company was here about that policy you're taking out and he asked me a lot of questions."

VOA: special.2009.10.11

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

耶鲁公开课 - 金融市场课程节选

An insurance policy--the concept is very simple, we could talk about fire insurance or life insurance.

保单的概念其实很简单，我们可以谈谈火灾保险，或者人寿保险。

耶鲁公开课 - 金融市场课程节选

It's a whole life policy that gives the policyholder flexibility over the insurance premiums.

作为终身寿险的一种,它为投保人的保费提供了灵活性

耶鲁公开课 - 金融市场课程节选