Fixed plans are bought for specific periods of time, for example 5 years or 10 tears, and they earn guaranteed rates of interest. (lifeinsurancehub.net)
Depending upon the investment structure, you can either lock in a conservative guaranteed rate of interest or opt for potential higher indexed based or even market based variable returns. (insuranceandestates.com)
Cash values usually have a minimum guaranteed rate of interest and the death benefit is a fixed amount. (investopedia.com)