Compare over 37 Variable Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Elmwood Park, NJ 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 Elmwood Park, NJ. 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 Elmwood Park, NJ.
Frequent Questions...
A variable life insurance policy is a specialized form of life insurance that offers coverage and investment benefits tailored to the needs of Elmwood Park, NJ residents. The primary components of a variable life insurance policy include a death benefit, which offers a fixed amount of money to the policy's beneficiary in the event of the policyholder's death, and an investment account, which allows for investment opportunities tailored to the policyholder's risk profile. This allows Elmwood Park residents the advantage of both life insurance protection and the potential to benefit from the growth of the performance of their investments.
Can I use my variable life insurance quotes in Elmwood Park as collateral?
While variable life insurance can be used as collateral for a loan in some circumstances, Elmwood Park, NJ financial advisors generally advise against it. This is due to the uncertainty of the amount you will receive upon the policy's maturity, making it a riskier choice than other types of investments. Furthermore, the income tax implications associated with the loan could be more than you're prepared for. Ultimately, it's best to consult with a qualified financial expert in Elmwood Park, NJ to determine the right loan and collateral decisions for your particular situation.
With a variable life insurance policy Elmwood Park, can I decide where my premiums are invested?
Yes, with variable life insurance, customers in Elmwood Park, NJ can choose to invest their premiums in a variety of different products. These may include stocks, bonds, mutual funds, and other professionally managed investment vehicles, depending on the provider. Your advisor should be able to give you more information about which investments may be available in your area.
Do I need to understand investments for variable life insurance near Elmwood Park?
In Elmwood Park, NJ, you don't need to be investment-savvy to purchase variable life insurance--but having a basic understanding of finances and investments can help you make wise choices when selecting a variable life insurance policy. While a knowledgeable agent can help make sure you choose a policy tailored to your needs, doing your own research on financial matters can be beneficial as you make your decision. You can research life insurance options through a variety of online sources, as well as talking to friends and family about their experiences.
What happens if my variable life insurance quote Elmwood Park underperforms?
In Elmwood Park, NJ, if your chosen investments perform poorly, it is important that you take action and adjust your portfolio accordingly. You can consider investing in something more conservative or seek out the expertise of a professional financial planner that can give advice tailored to your specific situation. Having a diversified portfolio is also a good strategy, as this can offset any losses from one bad investment. It is also important to review any applicable charges and fees for such investments and take into consideration the overall return you are looking to achieve.
Depending on your individual needs, variable life insurance may be suitable for short-term coverage in Elmwood Park, NJ. With variable life insurance, you can select from a wide variety of investment options – including stocks, bonds and money market funds – to potentially increase the savings component of your policy. If your short-term coverage needs change, your variable life policy can provide you with the flexibility to adjust the premiums and death benefit amounts. In addition, you can also access the money you put in the policy in the form of loans or withdrawals.
Can I upgrade variable life insurance policies near Elmwood Park to another policy type?
Yes, it is possible to upgrade your variable life insurance policy to another type of policy. In Elmwood Park, NJ, you should speak to an independent insurance agent who can review the various options available and help you select the policy that best fits your needs. You may want to consider options like whole life insurance, which offers a level premium and a cash value that grows with time, or indexed universal life insurance, which provides both death benefit protection and cash value potential. Other options to consider may include final expense insurance, variable universal life insurance and annuities.
Can I change investment options for variable life insurance in Elmwood Park without tax effects?
Yes, you can switch between investment options without tax implications if you do so in Elmwood Park, NJ. However, it is important to keep in mind that the NJ Department of the Treasury recommends that you review the IRS regulations regarding taxation of investments, as each individual situation may differ. Depending on your location, capital gains taxes may still apply. Therefore, it is best to consult with a professional financial adviser or tax specialist, so they can help determine which investment options are best for you to consider without tax implications in your specific area.
Is the cash value in my Elmwood Park variable life insurance policy safe from creditors?
Yes, the cash value of variable life insurance is protected from creditors in Elmwood Park, NJ. Variable life insurance is designed to provide permanent life insurance protection. The policy’s cash value, which accumulates over time, is not subject to creditors’ claims and can be accessed by the insured. Additionally, the life insurance policy is also exempt from estate taxes on the death of the policyholder. As it is protected from creditors, the cash value of the policy can provide a sense of security to the policyholder in Elmwood Park, NJ.
Does my Elmwood Park variable life insurance company offer a grace period for premium payments?
While there may not be a strict grace period for premium payments in variable life insurance policies on a national level, certain policy providers in Elmwood Park, NJ may offer a grace period to their policy holders. It's important to check the fine print for your policy specifically to determine if there is a grace period available for late payments. If you are late on a payment, it's best to contact your policy provider as soon as possible to discuss available options.
Compare Elmwood Park, NJ 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