The correct answer is: C. Knowledgeable people comfortable with equity.
Variable life insurance is a type of permanent life insurance that allows the policyholder to invest the cash value of the policy in a variety of investment options, such as stocks, bonds, and mutual funds. The performance of these investments will affect the amount of the death benefit and the cash value of the policy.
People who are knowledgeable about investing and comfortable with risk may be more likely to purchase variable life insurance. This is because they understand the potential for higher returns, as well as the potential for losses, associated with investing in stocks and other equities.
People who are seeking a fixed return or who are risk averse may be more likely to purchase a different type of life insurance, such as whole life insurance or term life insurance. These types of insurance policies offer a guaranteed death benefit, but they do not offer the potential for higher returns that variable life insurance does.
Young people in general may be less likely to purchase variable life insurance. This is because they may not have the same level of knowledge about investing or the same tolerance for risk as older adults. Additionally, young people may not need as much life insurance as older adults, since they are less likely to have dependents.
In conclusion, the most likely person to purchase variable life insurance is a knowledgeable person who is comfortable with risk.