Compare over 37 Variable Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Mountlake Terrace, WA 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 Mountlake Terrace, WA. 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 Mountlake Terrace, WA.
Frequent Questions...
Residents of Mountlake Terrace, WA, who are looking for a more permanent life insurance solution with potential additional benefits, such as supplemental investments, may want to consider purchasing variable life insurance. This type of policy differs from traditional life insurance policies in that the cash values are directly tied to investments, such as stocks, bonds, money market accounts, and mutual funds, and the coverage amount may be adjusted to fit changing needs. Variable life insurance also offers the potential for growth of the cash value, tax-deferred and the potential to borrowing against it in certain situations.
Are there early withdrawal penalties for variable life insurance quotes in Mountlake Terrace?
In Mountlake Terrace, WA, you may face certain penalties for early withdrawal from the cash values. It is important to understand the policies in place as it typically affects the amount of cash that is available for withdrawal. Generally, these penalties include repayment of withdrawal amount, payment of interest charges, and a reduction in the cash values that may come with the withdrawal or termination of the policy. The more detailed conditions and specified penalties vary from policy to policy, so it is necessary to review and understand the terms and conditions before making the decision to withdrawal or terminate a policy.
What are the tax aspects of a variable life insurance policy Mountlake Terrace?
The tax implications of variable life insurance in Mountlake Terrace, WA depends on the individual's situation. Generally, any premiums paid are considered deductible for the purposes of federal income tax. Earnings within the life insurance policy are considered to be tax-deferred, meaning that the taxpayer does not need to pay taxes on them until the money is taken out. Additionally, recipients of the policy proceeds are usually not liable for the payment of taxes on the death benefit.
What fees are there with variable life insurance near Mountlake Terrace?
The fees associated with variable life insurance in the Mountlake Terrace, WA area vary depending on the policy you choose. Generally speaking, you may be subject to commission charges, administration fees, and termination fees. Certain policies may also require annual charges for things like a Target Benefit Rider or Rider Maintenance Fee. It is important to be aware of the fees associated with each policy so that you can make an informed decision about which one best fits your needs and budget.
What are the surrender fees for a variable life insurance quote Mountlake Terrace?
The surrender charges for variable life insurance can vary depending on a variety of factors, such as the specific policy, location and age of the policyholder. In Mountlake Terrace, Washington, surrender charges are typically highest during the first 5-10 years of the policy, and then reduce over time, eventually going to zero. This is due to the fact that life insurance companies need to recoup their expenses associated with the issuance and servicing of the policy. Generally, fees range from 3-9 percent of the policy balance, but can be higher depending on the details of the policy.
The death benefit associated with investing in Mountlake Terrace, WA can vary depending on the success of the chosen investments. Generally speaking, a successful investment has the potential to increase the value of the death benefit, whereas a poorly performing investment could result in a decrease. To ensure that the death benefit remains at the highest potential level, it is important to carefully consider and choose investments with strong, consistent performance.
Can I direct specific investment strategies for variable life insurance policies near Mountlake Terrace?
Yes, as a policyholder in Mountlake Terrace, WA, you can absolutely dictate specific investment strategies for the cash value. With some policies, you can even customize the types of investments you would like to make. You will likely have options for steered policies which allow you to select from an array of investments or personalized policies which give you access to broad market investments. Additionally, you may be able to customize protection and cash value strategies that fit your individual needs, thereby maximizing your cash value over time.
Are management fees for variable life insurance in Mountlake Terrace similar to mutual funds?
In Mountlake Terrace, WA, management fees for variable life insurance products can vary slightly, but they tend to be comparable to regular mutual fund fees. For example, Pacific Life, a large provider of life insurance products in the region, generally charges an expense fee of 0.90% per year for their variable life insurance policy options. This is fairly comparable to the typical fee structure of regular mutual funds, which is typically around 0.10% to 0.25% per year.
How does my Mountlake Terrace variable life insurance policy handle loan interest?
In Mountlake Terrace, WA, the policy loan interest on variable life insurance is treated the same way as any other loan interest, which is that it must be paid back. This repayment is usually done in the form of an additional payment toward the policy premium, which is due to the insurance carrier. However, borrowers can decide to add or deduct the interest fees from the loan balance or from the death benefit after the policyholder’s death. Either way, the repayment obligation must be met to keep the policy active.
What's the typical duration of terms with a Mountlake Terrace variable life insurance company?
The duration of a variable life insurance policy in Mountlake Terrace, WA, can vary based on the policy terms. Generally, the policyholder's name, age, lifestyle, financial situation, and objectives will be taken into account to determine the length of the policy. Most variable life insurance policies offer terms from 10-30 years, although some policies may be shorter or longer than that. As it is an investment-oriented policy, the policyholder will be able to adjust the funds within the policy annually and change the duration accordingly.
Compare Mountlake Terrace, WA 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