Compare over 37 Variable Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 New Hope, 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 Hope, 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 Hope, MN.
Frequent Questions...
Variable life insurance is an insurance policy which provides death benefit protection and growth potential through a range of investments. In New Hope, MN, variable life insurance may be the perfect solution for those who want to invest in their future and achieve their financial goals. A variable life policy provides tax-deferred growth potential through a range of funds, as well as the death benefit coverage typically provided by an insurance policy. By investing in the financial markets in New Hope, MN, a variable life policy can help you build long-term wealth and income with the potential for attractive returns.
Can I cancel my policy after getting variable life insurance quotes in New Hope?
Yes, you can cancel your variable life insurance policy in New Hope, MN. The process of cancellation depends on the policy and the insurance company you have purchased from. Generally, you must notify your insurance provider in writing to cancel the policy. If you have questions or need assistance with cancellation, you can contact local life insurance agents or offices in New Hope. Alternatively, you can consult your insurance policy booklet for more information on the cancellation process and any associated costs.
What are the tax aspects of a variable life insurance policy New Hope?
Tax implications of variable life insurance will vary depending on the state and local municipality of residence. For example, in New Hope, MN, the variable life insurance premiums are not subject to state taxes, except for discontinuance premiums. Furthermore, the cash surrender value and death benefits of variable life insurance are subject to federal income taxes. Additionally, in New Hope, MN any other taxable income derived from variable life insurance, such as dividends or interests, will be subject to both state and federal taxes.
Is there a death benefit guarantee with variable life insurance near New Hope?
At New Hope Life Insurance, we are proud to offer our clients the option of variable life insurance policies. These can provide some additional benefits and long-term financial security, but unfortunately, they do not include a guaranteed death benefit. However, if you live in New Hope, MN, you may still be able to get a policy with some level of death benefit that works for you. Our agents can provide more details on specific policies available in your area and help you find the best fit for your individual needs and goals.
What happens if my variable life insurance quote New Hope underperforms?
If your investments perform poorly in New Hope, MN or elsewhere, it is wise to thoroughly assess your situation and the potential causes for the underperformance. Depending on the type of investments, there might be different approaches to recovering from losses. For example, if you own stocks, you could consider selling them and using the proceeds to invest in different stocks with better expected returns. Additionally, it's important to look into any available resources for advice and guidance.
In New Hope, MN, the death benefit under a given investment plan can be affected by the performance of the plan's investments. Typically, investments that are trending upward and performing well should result in a higher death benefit for the beneficiary of the plan since the amount they receive upon the death of the plan holder will be based on the value of the investments. Conversely, if the investment is performing poorly, then the death benefit could be lower. Since the investment and death benefit changes can be volatile, it is important to be aware and understand the potential fluctuations when investing in a plan.
Can I upgrade variable life insurance policies near New Hope to another policy type?
In New Hope, MN, you definitely have the option to upgrade your variable life insurance policy to another type of policy. Depending on your needs and budget, our agents at Brokerage Services Planners can work with you to determine if converting to a permanent life insurance (i.e. whole life, universal life, or index universal life) or term life insurance policy may best fit your situation. At Brokerage Services Planners, we understand that the investment strategies and insurance types available to policyholders can be confusing.
Are management fees for variable life insurance in New Hope similar to mutual funds?
In New Hope, MN, the management fees for variable life insurance are, generally speaking, on par with regular mutual fund fees. Those fees may vary, depending on the provider, but generally range between 1% and 3% each year. Itβs important to shop around and compare fees when making a decision, as some life insurance providers may have lower fees depending on the type of policy you choose. Ultimately, the fees you pay will be determined by the coverage you need and the company you decide to work with.
Is my New Hope variable life insurance policy considered permanent life insurance?
Variable life insurance is an excellent type of permanent life insurance option that can benefit residents of New Hope, MN. It offers customizable premiums, investment options, and death benefits. This is an attractive option for those looking for flexibility in how their life insurance policy works. Variable life insurance policies provide protection against unforeseen circumstances, while simultaneously allowing for growth of your policy's death benefit. With New Hope, MN's rising cost of living, it's important to consider variable life insurance as a supplemental form of financial security.
How do loans affect death benefits with my New Hope variable life insurance company?
In New Hope, MN, policy loans from variable life insurance can impact the death benefit of an insured party differently, depending on the insurance policy. Loans taken out on variable life insurance policies can reduce the death benefit payable if the loans are not fully repaid prior to death. However, policy loans also provide an opportunity to take advantage of cash value gains without having to surrender the policy. With careful review and consideration, policy loans can serve as an effective money management tool for New Hope residents.
Compare New Hope, 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