Compare over 37 Variable Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Hollins, VA 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 Hollins, VA. 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 Hollins, VA.
Frequent Questions...
Variable life insurance is a unique product that distinguishes itself from other life insurance policies by providing policyholders with the ability to invest in assets from their death benefit. In the Hollins, VA area, this means a policyholder can choose to invest in local stocks, bonds, stocks and mutual funds. This type of life insurance also provides access to a cash value account, which the policyholder can use for additional coverage and options. It's an especially attractive option for policyholders who want to actively manage their investments, yet still want to maintain life insurance coverage.
Can I cancel my policy after getting variable life insurance quotes in Hollins?
Yes, you can cancel your variable life insurance policy in Hollins, VA. Depending on the insurance provider, you may be able to do this yourself online, or you may need to contact them directly. You may also need to speak to a financial advisor to learn about any possible examinations or fees that may be required and to understand the potential consequences of cancelling your policy. Generally, when cancelling, it's important to carefully evaluate all of the long-term impact that doing so may have on your financial security.
What potential risks are there with a variable life insurance policy Hollins?
In Hollins, VA, potential risks associated with variable life insurance are similar to those of any other type of life insurance. Depending on the provider, there may be investment and volatility risks, as well as potential interest rate risks. Additionally, should the policyholder fail to make timely payments, they run the risk of lapse and losing their coverage. Policyholders may also find that their cash value or death benefits could potentially be reduced if the underlying investments are poorly managed and donโt perform as expected.
What fees are there with variable life insurance near Hollins?
The fees associated with variable life insurance vary depending on where you purchase the policy, so itโs important to compare rates with different providers in Hollins, VA, to make sure you find the best rate. At a minimum, there are typically administration fees, investment management fees, and mortality and expense risk charges associated with this type of insurance. Additionally, fees for premium financing and insurance rider options also may contribute to the overall cost. Itโs wise to consider current and future costs when deciding on a variable life insurance policy as the fees can add up over time.
How does a variable life insurance quote Hollins handle dividends?
As a Hollins, VA resident, the dividends generated by your variable life insurance policy are applied directly to the cash values which then generate additional death benefits, living benefits, and cash values. The dividends provide tax and insurance advantages to the policyholder as well, since policyholders can choose to apply dividends to the cost of insurance or can opt to deposit them in the cash values of the policy, in which case those dividends will accumulate tax-deferred. Furthermore, dividends can be used to purchase additional insurance coverage or they may be withdrawn as cash payments.
With Hollins, VA being part of the National Retirement Initiative, the death benefit for an individual can vary depending on their investment performance. Depending on their rate of returns, the death benefit increase/decrease can be affected, either positively or negatively. The retirement provisions and services provided here are designed to help members maximize their investment performance for a secure retirement with a larger death benefit when the time comes.
Can I direct specific investment strategies for variable life insurance policies near Hollins?
Generally, policyholders in Hollins, VA are not permitted to dictate specific investment strategies for the cash value. However, if the policyholder has built up a sizable cash value and wishes to direct the investment of those funds in the form of stocks, mutual funds, or other assets, they may be able to discuss this possibility with their insurance provider. In most cases, generic investment strategies are offered at no extra charge.
Are management fees for variable life insurance in Hollins similar to mutual funds?
In Hollins, VA, the management fees for variable life insurance differ from standard mutual funds, as they require the ownership of an insurance policy which comes with additional policy fees. Variable life insurance policies have the potential for a higher rate of return on investments than standard mutual funds, but the associated costs can vary greatly depending on the insurance provider and the specific policy. It's important to review any policy carefully and to compare the overall cost against fees associated with different investment options.
How does my Hollins variable life insurance policy handle loan interest?
The treatment of policy loan interest in variable life insurance varies across Hollins, VA, and it is important for policyholders to understand their local policy terms and conditions before taking out a loan against their policy. At its core, policy loan interest is viewed as an additional expense the policyholder is responsible for, and while some policies may allow for reimbursement of loan interest, this will depend on the terms of the individual policy. It is also important to consider taxes, as any loan interest paid against the policy will be subject to applicable taxes and may be considered a form of taxable income.
Can I convert from term life insurance with a Hollins variable life insurance company?
Yes, you may be able to convert your term life insurance to variable life insurance in the Hollins, VA area. Depending on your insurance provider, you may be able to convert the policy without providing proof of insurability. It is best to speak to your insurance provider to confirm if this is possible. Additionally, you may want to speak with a licensed financial advisor in the Hollins, VA area to assess your financial situation and determine if variable life insurance is the best option for you.
Compare Hollins, VA 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