Which statement about investing in Variable Life insurance is NOT TRUE?

The statement regarding the requirement for a large initial investment in Variable Life insurance is not true. Variable Life insurance policies typically have flexible premium payments, allowing policyholders to start with a smaller initial investment and subsequently make additional contributions over time. This flexibility makes it accessible for a broader range of investors, including those who may not have a large sum of money available to invest upfront.

In contrast, various other aspects of Variable Life insurance, such as diversification and professional management of the investment funds, do hold true. A diversified portfolio helps manage risk across different asset classes, while professional management aims to optimize returns through careful selection of investments. Additionally, the structure of Variable Life policies is designed to accommodate small investors, enabling them to gain access to a variety of investment opportunities that would typically require larger capital commitments in traditional investment vehicles.