Compare over 37 Variable Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Fairland, MD 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 Fairland, MD. 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 Fairland, MD.
Frequent Questions...
Variable life insurance is a unique type of life insurance policy available in Fairland, Maryland. This coverage combines the protection of traditional life insurance with the benefits of a tax-favored investment. The policy holder is able to allocate their funds across different investment accounts, such as stocks, bonds, mutual funds, and money market funds. These funds will then grow tax-deferred, allowing your investments to grow more quickly and efficiently. When the policy holder passes away, the policy will then pay out death benefits, in addition to the account’s current value.
Are there early withdrawal penalties for variable life insurance quotes in Fairland?
Generally, early withdrawal of cash value from an insurance policy in Fairland, MD is subject to penalties. Policies with cash values can be subject to surrender charges, declining rate of return on the remaining cash value, reduction of benefits, or a combination of these three. In addition, there may be federal income tax liabilities on any amounts received as a policy loan. It is best to reach out to the insurance company or a licensed insurance agent prior to withdrawing cash values to determine whether any penalties may apply.
How does the cash value work for a variable life insurance policy Fairland?
The cash value component of Variable Life Insurance works differently in Fairland, MD than in other places. As premiums are paid for your policy in Fairland, MD, they contribute to a non-guaranteed cash value that accrues at the current rate and performance of the underlying investments. This cash value can be accessed tax free by the policy owner, either through policy loans and withdrawals or by surrendering the policy. However, the policy owner should be aware that withdrawals and loans will reduce the policies cash value and death benefit, and surrendering the policy will end the policy.
Is there a death benefit guarantee with variable life insurance near Fairland?
In Fairland, MD, variable life insurance does not offer a guaranteed death benefit. However, if the policyholder makes or has made the appropriate contributions to the underlying investments, then they may receive a death benefit that is higher than the amount originally invested or purchased. Depending on the type of policy, the death benefit could outpace inflation and grow over time. Nonetheless, there is no guaranteed death benefit associated with variable life insurance policies in Fairland, MD.
What are the surrender fees for a variable life insurance quote Fairland?
The surrender charges for variable life insurance depend on a few factors. In Fairland, MD, these charges take into account the age and contract length of the policy, as well as the amount of premium payments already made. With such an important financial decision, it's wise to confirm all the charges associated with surrendering a policy with an insurance professional or independent financial advisor. A careful review of contract terms and the underlying life insurance policy can help you make the most informed and responsible decision.
In Fairland, MD, death benefit varies depending on how your investment performs. If your investments outperform, your death benefit is likely to increase. If there is underperformance of your investments, unfortunately the death benefit amount is likely to diminish. As such, it is important to make wise investments, so you can provide your family with the desired financial security in case of an untimely death. Your financial advisor can help you evaluate the best course of action when making investments.
Do variable life insurance policies near Fairland provide guarantees on returns?
Variable life insurance offered in Fairland, MD can provide an opportunity for growth potential through various investment options, but there’s no guarantee of results. Investment results are subject to market conditions, and there is always the risk of losing money. As with any other investment, it's important to understand the risks associated. Additionally, it's essential to review the policy's provisions and limitations before making any decisions. Ultimately, variable life insurance can provide important death benefit protection and access to liquidity, as well as a potential for growth, but like any investment, it comes with no guarantees.
Are management fees for variable life insurance in Fairland similar to mutual funds?
Yes, the management fees for variable life insurance in Fairland, MD are quite comparable to regular mutual funds. However, it's important for potential policyholders to understand that the fees associated with variable life insurance plans are based on the amount of coverage a policyholder is purchasing, meaning the total costs of ownership could be higher than they anticipated. Additionally, the fees associated with variable life insurance in Fairland, MD may differ depending on the company from which the policy is purchased. It's always best to carefully compare fees before making a decision.
Is my Fairland variable life insurance policy considered permanent life insurance?
Yes, variable life insurance is a type of permanent life insurance. Variable life insurance is a policy from which the policyholder can receive a range of tax-deferred death benefits depending on the balance of the account value. This type of policy may be especially appealing to Fairland, MD residents who are looking for permanent life insurance because the policyholder has the option to participate in the choice of investments within the insurance policy. This means that policyholders have greater control over the growth of their premiums and potential to build a cash value over time.
Does my Fairland variable life insurance company offer a grace period for premium payments?
Yes, in Fairland, MD, a grace period for premium payments in variable life insurance is available. Generally, you have a 31-day grace period for all premiums due each month, along with an extended grace period of up to 365 days for premiums due annually. Additionally, there are a variety of payment options, from direct deposit and online bill pay to automatic debits, that can help simplify premium payments and ensure consistency. If you ever need assistance in managing or understanding your premiums, the insurance agents in Fairland, Maryland can work with you to find a solution that meets your needs.
Compare Fairland, MD 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