Compare over 37 Variable Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Edina, 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 Edina, 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 Edina, MN.
Frequent Questions...
Variable life insurance is a type of permanent life insurance policy that provides protection to the policyholder's beneficiaries after their death. In Edina, MN, it is a great option for individuals who want to provide financial security for their family or business. Variable life insurance allows policyholders to choose how they want to invest their money, as well as to decide how much coverage they need to ensure their loved ones are taken care of.
With variable life insurance quotes in Edina, how is the beneficiary impacted by investment performance?
The beneficiary in Edina, MN will be affected by the investment performance in various ways depending on the individual goals and objectives they have set for themselves. Generally speaking, they will benefit if the investment is performing well since their assets and wealth will increase, allowing them to achieve their financial goals faster. On the other hand, if the investment is underperforming, they may have to delay or adjust their goals, such as possibly retiring earlier or taking a more conservative approach with their portfolio.
Can I withdraw or borrow from a variable life insurance policy Edina?
In Edina, MN, it is possible to withdraw or borrow from the cash value of your variable life insurance policy. As long as the policy has been in force for at least two years, you may be able to take loans, including annuitizing, against the taxable cash value of the policy. It is important to be aware that loans will reduce the cash value and death benefit of the policy; however, there are still some benefits available, including interest might be tax-deferred.
How often can I modify my investments in variable life insurance near Edina?
Edina, Minnesota residents can change their investment choices with variable life insurance as often as they would like. It is important to understand, however, that the number of changes allowed in one calendar year varies from company to company. Generally, if you reside in Edina, you would be able to make changes once or twice per year, however, it is best to consult with an authorized representative for more detailed information. Furthermore, all changes must conform to Minnesota insurance regulation guidelines.
What are the surrender fees for a variable life insurance quote Edina?
The surrender charges for variable life insurance policies in Edina, MN are generally based on the particular contract that the policy owner has purchased. It's important to consult with a qualified life insurance agent in Edina to discuss the specific surrender charge structure that applies to the particular variable life insurance policy in question. Depending on the policy type, surrender charges can range from 0-9 years and beyond as well as the amount of surrender charge applied to the current cash value.
Although variable life insurance is more often associated with long-term coverage needs, it can also be a suitable option for short-term coverage needs in Edina, MN. Variable life insurance provides flexible premiums and death benefits, giving policyholders the ability to adjust their policies to fit their current financial situation. Additionally, with variable life, policyholders also have the option of investing with different investment portfolios that can lead to higher returns which can be beneficial in the long run.
Do variable life insurance policies near Edina provide guarantees on returns?
Variable life insurance is an investment product that can provide benefits and guarantees to Edina, MN residents. Although it does not guarantee specific returns, it can guarantee options such as the ability to take a loan out of the policy, preferential tax advantages, living benefit rider options, and funds invested in a variety of different ways. Variable life insurance also offers guarantees such as, death benefit protection, waiver of all or part of a premium if an insured becomes totally disabled, or free look period when making a purchase.
Does all variable life insurance in Edina offer the same investments?
No, not all variable life insurance policies offer the same investment options. In fact, the investment options available in Edina, MN vary from provider to provider. For example, a policy from one company may offer a variety of mutual funds while a policy from another company may provide access to stocks, bonds, and other securities. Additionally, each company may offer different levels of flexibility depending on the needs of their policyholders. Therefore, it is important to review the individual offerings of each variable life insurance provider to ensure you can find the policy that provides the best options for your specific financial needs.
Can I use my Edina variable life insurance policy for retirement savings?
Yes, variable life insurance can be used as a retirement savings vehicle in Edina, MN. One way to utilize such insurance is to choose a policy that gets invested into stocks, bonds, mutual funds, or other vehicles. Through these investments, policyholders may be able to receive returns which may help them to build up funds for their retirement. Additionally, variable life insurance may offer some tax benefits when used as a Retirement Savings Vehicle, which could be beneficial for Edina residents looking for additional savings.
Can I convert from term life insurance with a Edina variable life insurance company?
Yes, you can convert your term life insurance policy to a variable life insurance policy in Edina, Minnesota. To convert your policy, it's best to reach out to a licensed insurance agent in your local area. They can review your current coverage and explain the potential benefits of a variable life insurance policy, such as a death benefit that could potentially grow based on market performance and greater control over your investment choices. There may also be surrender and conversion charges associated with the policy.
Compare Edina, 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