Compare over 37 Variable Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Minot, ND 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 Minot, ND. 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 Minot, ND.
Frequent Questions...
Variable life insurance premiums are determined by the cash value of the invested funds in the policy. In Minot, ND, premiums can be fixed depending on the policy and plan you choose. Working with a financial advisor in Minot can help you decide what type of policy is right for you and make sure your premiums are fixed for the duration of the policy. Fixed premiums provide the assurance of knowing your costs each month and the comfort of budgeting in advance. Comparing rates and coverage is key to selecting the best variable life insurance policy for your individual needs.
With variable life insurance quotes in Minot, how is the beneficiary impacted by investment performance?
In Minot, ND, the investment performance of the beneficiary will be impacted by a variety of factors such as the return rate of the investments, the costs associated with the investments, and the amount of the investment. Generally, as the beneficiary’s investments increase in value, so too does the benefit of their investment. However, if the investments decrease in value, then the beneficiary could suffer from losses. In either situation, it's important for an investor to understand how the investments are performing in order to make the best financial decisions possible for their future.
With a variable life insurance policy Minot, can I decide where my premiums are invested?
Yes, if you purchase a variable life insurance policy in Minot, North Dakota, you will be able to select the investments your premiums fund. Variable life insurance can offer diverse investment options that allow you to match your portfolio to your financial goals, risk tolerance, and timeline. Unlike traditional life insurance, some variable policies also allow you to access cash surrender values to use as long-term savings or retirement income. Keep in mind, you will want to review the features and options available with your policy before making an investment decision.
How often can I modify my investments in variable life insurance near Minot?
In Minot, North Dakota, the policyholder can usually change their investment choices with variable life insurance as often as once a month. However, this is dependent on the policy details, as some providers may impose other restrictions. It is important to read the policy information and speak with a financial advisor to understand all the specifics of your individual policy. This will help you know exactly how often you are able to make investment changes according to your policy, and will ensure that your money is invested in the right places!
Is there a minimum guaranteed return with a variable life insurance quote Minot?
Variable life insurance may offer a minimum return, depending on the policy and carrier, but this is not always the case. In Minot, ND, various insurance providers may offer different options that are suitable for their clients. It is advisable to research and compare product features and limitations of the different life insurance policies that are available to determine if a policy you are interested in offers a guaranteed minimum rate of return. A knowledgeable financial consultant can also evaluate your financial situation and help you to decide if variable life insurance is a suitable and advantageous option for your particular needs.
In Minot, ND, the legal minimum age for purchasing variable life insurance is 18, but certain underwriters may have further restrictions that buyers should comply with. Even if you meet the legal age requirements, it's important to consider whether you're financially prepared to make the long-term commitments associated with this type of purchase. Ultimately, it's best to talk to an experienced financial professional to ensure you understand the terms of the policy and are making the right choice for your current needs.
How does cash value growth influence death benefit with variable life insurance policies near Minot?
In Minot, ND, the growth of the cash value of variable life insurance policies can have a significant impact on the death benefit. As premium payments are made, the cash value grows on a tax-deferred basis, which then increases the eventual death benefit when it is paid out to beneficiaries. Additionally, if policyholders need access to funds during their lifetimes, loans or withdrawals can be taken from the cash values, although this may impact the death benefit in the end.
Are management fees for variable life insurance in Minot similar to mutual funds?
In Minot, ND, the management fees for variable life insurance are comparable to regular mutual funds, though depending on the type of policy one chooses, the fee structure will differ. For instance, some variable life insurance policies require a fee for the adviser and may involve both upfront and annual costs. Conversely, some mutual funds charge different transaction fees depending on what fund is chosen. It is advised to research the fees associated with both types of investment options before making any decisions. Ultimately, for those looking for financial security and peace of mind, both variable life insurance and mutual funds are suitable alternatives.
How does my Minot variable life insurance policy handle loan interest?
Living in Minot, North Dakota, residents can access a variety of financial solutions, including variable life insurance. With a variable life insurance policy loan, any interest on the amount borrowed is generally credited to the policy itself, which helps grow the overall cash value. This means that any interest paid on a variable life insurance policy loan is used to help grow the policy cash value, which can help reduce future premium payments and prevent a lapse in coverage.
What's the typical duration of terms with a Minot variable life insurance company?
In Minot, ND, the typical duration of a variable life insurance policy depends on the specific policy chosen. Generally, most variable life insurance policies last for the duration of the insured's lifetime, allowing them to benefit from its unique features such as cash-value accumulation and tax-deferred investing. However, there may be an option to choose a limited duration policy, such as 12 years or less, which can provide greater flexibility. Ultimately, the duration of a variable life insurance policy will depend on the individual's needs, so it's important to research the options to find the best fit.
Compare Minot, ND 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