1. People seeking fixed return
  2. People who are risk averse and do not dabble in equity
  3. Knowledgeable people comfortable with equity
  4. Young people in General
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Answer: Option 3

Knowledgeable people comfortable with equity is most to buy variable life insurance. Variable life insurance is a permanent life insurance policy with an investment component. The policy has a cash value account, which is invested in a number of sub-accounts available in the policy.

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