Compare over 37 Variable Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Boulder Hill, IL Variable Life Insurance policy providers in as little as 15 minutes. Save time. Save big. Get started now.
Find the perfect plan from over 37 providers
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 37 policy provider comparison.
Explore multiple policies from all the leading insurers and choose the one that fits your needs.
Locked in rate discount and exclusive deals.
Benefit from exclusive deals offered only to residents of your state, and lock in huge rate discounts.
Customized policies just for you.
Our team tailors policies to your unique needs, meaning optimal coverage at competitive rates.
"I was totally lost trying to find the right Variable Life Insurance until I found PolicyHub. I was able to work with a licensed agent to compare all my options all at one. I got the perfect plan for me at a cheaper rate than I expected."
Barbara Winters
Policy Holder
ATTN: 2024 Variable Life Insurance rates just released!
Get the latest Variable Life Insurance rates for 2024 and lock in your policy today! Get started comparing policies right now.
Get the Variable Life Insurance plan with the cheapest rates in 3 easy steps.
Done in 3 easy steps
Step 1
Tell us about yourself.
Finding the perfect life insurance policy starts with answering a few questions to help us serve you better.
Step 2
Compare rates & plans.
Discuss your options with a licensed insurance agent. Compare plans to find the best policy & cheapest rates.
Step 3
Lock in cheap rates.
Secure the lowest rates and lock in the perfect life insurance policy for you and your family.
"I lost hope trying to find a Variable Life Insurance policy that wasn't insanely expensive. Thankfully PolicyHub helped me find the perfect policy that is affordable with high coverage. Thank you!"
Bill Barton
Policy Holder
PolicyHub is the smartest way to protect the people that matter most.
Safeguard Your Family
Variable Life Insurance means safeguarding your family in a worst-case scenario. Don't risk it.
Gain Peace of Mind
Far too many Americans are financially blindsided by the death of a loved one. But not your family.
Protect Your Business
Protect your business by ensuring a smooth transition of ownership with the right life insurance.
Beat Estate Taxes
Inheritance or estate taxes is burdensome for your heirs. A life insurance policy can help.
Invest in Your Future
For less than $1 per day, you can make a huge contribution to your family's financial safety.
Build Your Legacy
Through a life insurance policy, you can leave behind a legacy for your loved ones.
Get started in less than 15 minutes.
With PolicyHub getting started is easy. Compare all the Variable Life Insurance rates from all the providers in Boulder Hill, IL. Get started in under 15 minutes.
All your Variable Life Insurance needs in one place.
Variable Life Insurance is a type of insurance that combines the features of protection and investment. It isn't just about securing your family's future; it's also a way to grow your wealth. While it offers a death benefit similar to traditional life insurance, a part of your premium goes into investments, offering a chance for your money to grow over time.
This insurance has two main components. The first is the death benefit. If you pass away, your family receives a set amount to financially support them. The second part is the cash value. This is the investment portion. You can choose from a variety of funds provided by the insurance company. As the value of these investments goes up or down, so does the cash value of your policy.
One subtype of variable life insurance is called variable universal life insurance. You can adjust your premium and death benefit as your financial needs change. And just like with Variable Life Insurance, a portion of your premium goes into investment funds. This policy offers both the security of life insurance and the growth potential of investment. It's all about giving you the choices and control over your financial strategy.
Save time and get the best Variable Life Insurance policy with the cheapest rates. Guaranteed.
![]() |
Option 1 | Option 2 | ||
---|---|---|---|---|
100% Digital | ||||
Licensed Agents | ||||
Expert Support | ||||
Get Started in 15 minutes | ||||
Decades of Experience | ||||
Compare 37+ Providers | ||||
Zero Hidden Costs | ||||
Top Insurance Providers |
Real PolicyHub testimonials...
"I knew I needed Variable Life Insurance but I didn't know where to go. I talked with a few other companies but the cost was outrageous. I found PolicyHub and found the perfect plan for me at an affordable cost."
Wendy Smith
Policy Holder
Get matched with a 5-Star Variable Life Insurance agent.
Roy Stephens
Variable Life Insurance agent
Roy Stephens is a Variable Life Insurance agent licensed in your state.
Mark Sidway
Variable Life Insurance agent
Mark Sidway is a Variable Life Insurance agent licensed in your state.
Cale Reeves
Variable Life Insurance agent
Cale Reeves is a Variable Life Insurance agent licensed in your state.
"I was searching for Variable Life Insurance but quickly found out that everyone was trying to sell me on policies I didn't need. Thankfully I found PolicyHub and get the cheapest rates and the right policy."
Nicole Nielson
Policy Holder
Introducing PolicyHub Price Match Guarantee
Our priority is to save you money while getting you the right coverage. If you find a lower rate for a similar policy anywhere else, we'll match it! With PolicyHub, you can rest assured knowing you're getting the best price for Variable Life Insurance in Boulder Hill, IL.
Frequent Questions...
Individuals who live in Boulder Hill, IL should consider purchasing variable life insurance if they want to diversify their portfolio and benefit from the possibility of profits through investments and potential death benefits for their beneficiaries. Variable life insurance offers those in Boulder Hill the opportunity to customize the plan to their specific needs and objectives while protecting their families in times of uncertainty financialy. Furthermore, it allows the policy holder to choose from a wide selection of investment options, from stocks, bonds, and mutual funds.
Do variable life insurance quotes in Boulder Hill come with a cash surrender value?
Yes! Variable life insurance policies offered by many companies, such as those available in Boulder Hill, IL, have a cash surrender value. This value is the amount the policyholder is able to receive if they were to surrender the policy before its maturity. This money is usually much less than the amount of death benefit and could include in forced savings, allowing policyholders to receive the death benefit plus the cash surrender value in case of financial difficulty.
Can I withdraw or borrow from a variable life insurance policy Boulder Hill?
Whether or not you’re able to withdraw or borrow from the cash value of your variable life insurance policy depends on if it’s offered in Boulder Hill, IL. If so, it’s typically allowable to withdraw or borrow against the policy’s cash value, which is an accumulation of declared dividends and additional deposits, before the policy’s maturity date. However, doing this could reduce the death benefit and any refunds you may be entitled to.
How often can I modify my investments in variable life insurance near Boulder Hill?
At Boulder Hill, IL, you can generally change your investment choices with variable life insurance as often as you'd like, although there are typically restrictions and fees associated with more frequent changes. Generally, you may invest as long as you keep your premium contributions up to date; some policies also have restrictions on the total number of changes you can make annually. It's important to consult with your insurer to learn more about its policies and restrictions.
How does a variable life insurance quote Boulder Hill handle dividends?
With variable life insurance in Boulder Hill, IL, dividends are not guaranteed; however, dividends can help enhance the performance of the underlying investments and cash values associated with the policy. Dividend earnings may be used to purchase additional insurance, reduce the policy payments, or accumulate within the policy. It’s important to understand that banks and insurance companies offering variable life insurance are not providing a guaranteed rate of return for investors the return could be positive or negative, depending on the performance of the underlying investments.
Variable life insurance can be a beneficial option for short-term coverage needs when it comes to Boulder Hill, IL residents. This type of life insurance combines a death benefit with a tax-deferred investment feature, allowing policyholders to invest in various funds or stocks, ultimately accumulating the money to supplement the death benefit. Since variable life insurance policies offer flexible premiums and terms, Boulder Hill residents can tailor the policy to fit their budget and their coverage needs, sometimes even as short as one year.
How flexible are premium payments for variable life insurance policies near Boulder Hill?
Flexibility in premium payments is an important feature of variable life insurance, and here in Boulder Hill, IL, our policies allow customers to choose from several tax-deferred premium payment plans. We offer annual, semi-annual, quarterly, and monthly payment options, as well as flexible payment policies, so you won’t have to worry if your budget changes over time. Plus, you can adjust the frequency and amount of payments in the future if needed. With our variable life insurance plans, you can have peace of mind that your premium payments are flexible and can fit your individual needs.
Does all variable life insurance in Boulder Hill offer the same investments?
The investment options available on a variable life insurance policy are highly dependent on where you purchase it. Each provider in Boulder Hill, IL has a unique selection of investment options available, so not all variable life insurance policies offer identical investment options. It's important to take the time to compare the available investment options between different providers to determine which policy best meets your needs. Additionally, if you are looking for further guidance, your financial adviser could help make sure you are selecting the best plan for your individual situation.
How does my Boulder Hill variable life insurance policy handle loan interest?
In Boulder Hill, IL, the interest accrued on a policy loan taken against a variable life insurance policy is to be reported as taxable ordinary income in the year in which it was taken. This is because the interest rate that is charged on the policy loan is generally greater than the rate the insurance company pays on its reserves and investments. Additionally, should the insured fail to pay back the policy loan, the remaining balance, and consequently any interest accrued, will become a part of the insured’s taxable estate upon death.
Does my Boulder Hill variable life insurance company offer a grace period for premium payments?
Yes, Boulder Hill policyholders with variable life insurance policies do have access to a grace period for their premium payments. Depending on your policy and specific provider, you may have up to a 30-day grace period to fulfill your premium payments without impacting the cash value, policy value, or any coverage benefits. Any payments made during the grace period should be reported to the provider in order to avoid potential delays in coverage. It is important to note that during the grace period, no interest will accrue and no bonuses will be added.
Compare Boulder Hill, IL Variable Life Insurance Policies
Get started today and compare over 37 Variable Life Insurance providers in as little as 15 minutes.
© 2024 PolicyHub - all rights reserved