Which aspect is NOT typically a goal of a variable life policy?

Immediate liquidity is not typically a primary goal of a variable life policy. Variable life insurance is designed primarily to provide both a death benefit and a cash value component that can grow over time through various investment options. The growth of the cash value is often aimed at long-term savings, allowing policyholders to accumulate funds that they can access later.

Investment diversification is an important feature of variable life insurance, as policyholders can allocate their cash value among numerous investment options, which can help spread risk and potentially increase returns. Life insurance coverage is, of course, the fundamental purpose of any life insurance product, including variable life policies, offering beneficiaries a death benefit upon the insured's passing.

In contrast, while variable life policies may have some provisions for accessing cash values – for instance, through loans or withdrawals – they are not typically designed for immediate liquidity needs. The cash value accumulation can take time to grow, and accessing these funds can come with considerations that don't prioritize immediate cash availability.