Compare over 37 Variable Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 New Brighton, MN 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 New Brighton, MN. 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 New Brighton, MN.
Frequent Questions...
New Brighton, MN residents who desire an additional financial layer of security should consider buying variable life insurance. Variable life insurance provides coverage paired with a tax-deferred investment account, meaning you can leverage your premium payments to create a comprehensive financial plan. This enables you to diversify your savings portfolio and build a financial cushion for longterm financial security. Variable life insurance also offers flexible premium payments and options for the duration of your policy, so you can stop and start coverage when needed.
Do variable life insurance quotes in New Brighton come with a cash surrender value?
Yes, variable life insurance policies in New Brighton, MN do have a cash surrender value. Depending on the individual policy, the cash surrender value may be a percentage of the total death benefit, or in some cases, the entire amount. It is important for policyholders to understand how the surrender value works for their specific policy prior to surrendering a policy, in order to maximize their return.
With a variable life insurance policy New Brighton, can I decide where my premiums are invested?
Yes, you can choose where your premiums are invested with variable life insurance if you live in New Brighton, MN. Variable life insurance offers policyholders the potential to customize their policy to meet their specific financial needs. Depending on your income and lifestyle, you can use your premiums to invest in a range of options, such as stocks, bonds, mutual funds, and money market funds. Additionally, with some policy packages, you can also access financial guidance from local advisors to help make the best investment choices for your individual needs.
How often can I modify my investments in variable life insurance near New Brighton?
If you live in New Brighton, MN and have Variable Life Insurance, you can change your investment choices as frequently as you want depending on your needs and preferences. You may want to consider consulting with financial advisors in the area who can help you strategize when changing investments is appropriate. At the very least, review your investment performance and strategy each year to make sure it is aligned with your objectives.
What are the surrender fees for a variable life insurance quote New Brighton?
Surrender charges for variable life insurance vary based on the location and policy terms of the individual policyholder. In New Brighton, MN, policyholders who wish to cancel a variable life insurance policy typically incur surrender charges for the first eight years after the policy begins. These surrender charges typically decrease annually, meaning that the amount charged for the eighth year will be significantly less than what was originally charged. Additionally, as an incentive, some insurance providers may offer a higher return of premium if the policyholder does not surrender during this period.
Yes, purchasing variable life insurance in New Brighton, Minnesota comes with age restrictions. Generally, children under the age of 18 are not allowed to purchase life insurance, though there are often certain exceptions. Those applying for a policy must also be healthy enough to qualify for coverage. Age requirements can vary based on the insurance company and are typically stated in policy documents. It is important to read all paperwork and understand the age limitations for each policy before making a purchase.
How does cash value growth influence death benefit with variable life insurance policies near New Brighton?
In New Brighton, MN, the cash value growth of variable life insurance is beneficial because it directly impacts the death benefit payout available. The cash value provided from a variable life insurance policy in New Brighton is invested in separate accounts and is allowed to grow over time, which means that should the policyholder die, their loved ones would have access to a larger death benefit payout. The investments within the separate accounts build up over time, resulting in increased cash value, which, in turn, can be used to increase the death benefit payout should the policyholder die.
Can I change investment options for variable life insurance in New Brighton without tax effects?
Depending on your investment options available, switching between investments in New Brighton, MN may have tax implications. Before making any changes, it's best to seek advice from a qualified tax adviser to ensure any exchanges are tax-free and in compliance with IRS regulations. While some transactions may potentially be subject to capital gains taxes, there may be ways to carry out the change in investments in which the tax impact may be minimized. It's important to not make any changes in investments without understanding the potential tax implications.
How liquid is the cash value of my New Brighton variable life insurance policy?
In New Brighton, MN, the cash value of a variable life insurance policy is determined by a number of factors, including the policyholder's age, the type of policy they choose, the amount of premium paid, and the performance of the underlying investments. Generally speaking, the cash value of these policies is considered to be quite liquid when compared to traditional life insurance policies, as it offers the policyholder the ability to access and use their money as needed. Additionally, policyholders can usually withdraw from the cash value, borrow against it, or surrender the policy for the full value.
How do loans affect death benefits with my New Brighton variable life insurance company?
Policy loans from variable life insurance in New Brighton, MN can potentially reduce the death benefit depending on the amount of the loan and the premiums paid on the policy. If the policy has no outstanding loans at the time of death, the death benefit will be paid out in full. However, if there is an outstanding loan balance, that amount must be deducted from the death benefit before the balance is paid to the beneficiary. It is important for policyholders to understand how policy loans can affect their policy and the death benefit so that they are making informed decisions.
Compare New Brighton, MN 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