Compare over 37 Variable Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Coon Rapids, MN 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 Coon Rapids, MN. 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 Coon Rapids, MN.
Frequent Questions...
In Coon Rapids, MN, the primary components of a variable life insurance policy are threefold. First, there is a death benefit, meaning that the face value of the policy is paid to beneficiaries upon the policyholder's passing. Secondly, policyholders have the ability to vary the amount of premium payments and adjustments according to their individual financial goals. Finally, a variable life insurance policy offers policyholders investment options in which they can invest their policy's cash value. All of these factors combined provide Coon Rapids residents with an effective, flexible and customizable form of life insurance.
With variable life insurance quotes in Coon Rapids, how is the beneficiary impacted by investment performance?
The beneficiary of an investment in Coon Rapids, MN will be affected by the investment's performance in terms of its return. In an ideal scenario, the beneficiary would see a return on their investment that is greater than the initial cost, but this may not always be the case. A poor performing investment in Coon Rapids could end up costing the beneficiary more than the initial investment. Therefore, it is vital to monitor investment performance and adjust decisions accordingly to ensure the best possible outcome for the beneficiary.
Can I withdraw or borrow from a variable life insurance policy Coon Rapids?
Yes, it is possible to withdraw or borrow from the cash value of your variable life insurance policy in Coon Rapids, MN. Depending on the policies and features available, you may be able to access the cash value of the policy for a variety of uses such as a child's education or supplementing retirement income. However, it is important to understand that withdrawals and loans may reduce the death benefit or cash surrender value of the policy. It is also important to be mindful of any taxes or penalties that may be assessed for accessing the cash value prior to a certain age.
Is there a death benefit guarantee with variable life insurance near Coon Rapids?
Yes, there is a guaranteed death benefit with variable life insurance policies available in Coon Rapids, MN. The policyholder can choose to invest their premiums within a range of investment options. The death benefit is designed to help the policyholder's beneficiaries to protect their asset base and maintain their finances if the policyholder dies. Variable life insurance offers a death benefit amount that is equal to the current cash value of the policy and may also include an additional death benefit rider. Each policy has different details and riders, so it's important to understand the policy terms and conditions before making a decision.
What are the surrender fees for a variable life insurance quote Coon Rapids?
Surrender charges for variable life insurance in Coon Rapids, MN, depend on the specific policy. Generally, there may be a one-time surrender charge based on the policy's surrender value that could be up to 15% of the policy's cash value. You can usually cancel the policy after a certain period of time without any surrender charge. In addition, there could be a yearly fee charged by the insurance company that is taken from the policyβs cash value. As such, it is important to ask your agent or insurance provider about any fees associated with your specific policy.
Variable life insurance may not be the best option for short-term coverage needs in Coon Rapids, MN. It is a personal financial product that should be carefully considered as part of a long-term financial and estate planning strategy. For short-term coverage in Coon Rapids, it may be more beneficial to explore other options such as term life insurance or whole life insurance. Term life insurance is a cost-effective option for a specific period of time, while whole life insurance accumulates value over a long period of time and offers a fixed premium.
Can I upgrade variable life insurance policies near Coon Rapids to another policy type?
In Coon Rapids, MN, you can potentially upgrade your variable life insurance policy to a different type of policy. Depending on your specific circumstances, you may be able to make the switch depending on the company that provides your coverage and the policy you may be interested in. It is recommended to talk to your insurance provider for specific requirements and advice for switching to another type of policy. It may also be more cost effective to compare the costs of your existing policy with any other policy you may be interested in and decide what is best for you and your family.
Can I change investment options for variable life insurance in Coon Rapids without tax effects?
Yes, you can switch between investment options without tax implications in Coon Rapids, MN. While taxation of investments can vary based on type and location, Coon Rapids residents may switch between investment options within the same taxable period with no tax implications. However, it is important to note that taxes on capital gains, losses, and other related transactions may still apply even when no additional contributions are made. Additionally, those who switch between investment options might be subject to fund transfer fees, so it is advised to check with the servicing broker or financial institution before making changes.
How liquid is the cash value of my Coon Rapids variable life insurance policy?
The cash value of a variable life insurance policy in Coon Rapids, MN depends on several factors, including the current market performance, the policy's design, and the type of investment you choose. Generally, the cash value is more liquid than other investments, such as stocks or bonds. You can easily access the funds by surrendering the policy and receiving the cash value, or by taking out a loan that uses the policy as collateral. It's important to review the policy thoroughly to understand the terms and conditions associated with the cash value of your variable life insurance policy.
What's the typical duration of terms with a Coon Rapids variable life insurance company?
Variable life insurance policies typically last the life of the insured, whether that be a short or long period of time. In Coon Rapids, MN, most people tend to choose policies that provide coverage to the age of 90 or 95. At that point, the policy's cash value may be used as a death benefit for the policyholder's estate or other beneficiaries. Additionally, many companies in Coon Rapids offer policies that have levels of coverage that fluctuate with the market, depending on the size of the Premium and the desired length of coverage.
Compare Coon Rapids, MN 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