What is another name for interest sensitive whole life insurance?

Another name for interest sensitive whole life insurance is adjustable life insurance. This type of insurance allows policyholders to adjust both the premium payments and the death benefit according to their needs and financial situation. This flexibility can be beneficial for individuals who want more control over their policy and have changing financial circumstances. Interest sensitive whole life insurance policies typically have a cash value component that grows over time, based on the interest rates set by the insurance company.