Compare over 37 Variable Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Newberg, OR 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 Newberg, OR. 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 Newberg, OR.
Frequent Questions...
Variable life insurance, available in Newberg, OR, is a permanent type of life insurance policy that is a combination of an insurance product and an investment. It allows policyholders to designate some of the premium paid towards a variety of predetermined investment accounts. The growth of the investments affects the policyβs cash value, death benefit, and premiums. It can be a suitable choice for individuals looking to insure their estate and grow their wealth at the same time, as long as they are comfortable with some risk.
Are there early withdrawal penalties for variable life insurance quotes in Newberg?
Although it varies by plan, generally in Newberg, OR, there are typically financial penalties for early withdrawals from the cash value of life insurance policies. This is because the cash value is the amount of money you put into the policy over time, typically with after-tax income. The penalty is usually in a surrender fee, which is taken out of the sum of money you receive upon withdrawal of the cash value.
How does the cash value work for a variable life insurance policy Newberg?
In Newberg, OR, variable life insurance policies typically have a cash value component which allows policyholders to invest a portion of their premiums into the insurer's separate account for potential growth over time. Depending on the performance of the insurer's investments, the cash values can rise or decline in value, giving policyholders the flexibility to use the value for future needs or expenses such as additional coverage, policy loans, or retirement planning. The cash value portion of the policy also helps the insured build an investment portfolio while the owner enjoys current tax-deferred growth and other potential benefits.
Do I need to understand investments for variable life insurance near Newberg?
Though knowledge of investments can be beneficial when purchasing variable life insurance policies, it is not essential, as there are plenty of resources in the Newberg, OR area to help you understand your policy and how to make the most of it. Financial advisors and insurance agents are available to provide guidance when making decisions concerning your investments, and resources like the Oregon Department of Consumer and Business Services and the Oregon Insurance Division are available to answer any questions you may have about the process or the benefits of variable life insurance.
How does a variable life insurance quote Newberg handle dividends?
In Newberg, OR, variable life insurance dividends are generally treated as a type of return on investment and are considered taxable. The most common way dividends are used is to increase death benefits or to lower the cost of ownership in a universal life policy. Variable life insurance policyholders may also choose to use their dividends for additional investments in subaccounts or to increase their cash value available for loans or withdrawals. Alternatively, the dividends may be applied as additional premium payments to reduce future premiums. It's important to discuss how these dividend options interact with the total policy cost and the overall insurance plan.
In Newberg, OR, the death benefit may vary according to the performance of the related investment. Generally speaking, the higher the return of the investment, the greater the death benefit for the designated beneficiary. However, other factors may affect the death benefit, such as the size of the insured's premium and the quality of the investment. It is important to note that investment performance is not the only factor that affects the death benefit; other factors such as inflation, market conditions, and taxation may also be taken into account.
Can I upgrade variable life insurance policies near Newberg to another policy type?
In Newberg, OR, it is possible to upgrade your variable life insurance to another type of policy. A local insurance agent or financial advisor can help you determine the best policy that fits your needs and budget. Depending on your existing policy, they can guide you through the process of converting your existing policy into a different one. It is important to consider the differences between the policies, including the rate of return, fees, and any potential restrictions. Your local agent or advisor can also provide you with more information and guidance throughout the process.
Does all variable life insurance in Newberg offer the same investments?
No, variable life insurance policies do not offer the same investment options. Policies differ by provider, so it's important to research the investment options available in Newberg, OR. For example, if you are looking for access to a large variety of investments, you may want to explore a policy with a nationally recognized provider. On the other hand, if you would prefer investments that focus on local opportunities in Newberg, OR, you may want to have a look at offerings from more regional companies. Ultimately, it is crucial to select a policy that best meets your investment goals.
Can I use my Newberg variable life insurance policy for retirement savings?
Variable life insurance can be an effective retirement savings vehicle for those living in Newberg, OR. It is flexible and customizable, allowing individuals to design their policy to meet their specific retirement savings needs. The policyholder has more control over their investments and can take advantage of the potential growth of mutual funds or stocks. Variable life is also an effective savings tool due to its tax advantages, as policies are allowed to build cash value that accumulates tax-deferred until withdrawn or surrendered.
Do I get dividends from my Newberg variable life insurance company?
In Newberg, OR, dividends from investments within variable life insurance usually depend on the investment performance of your insurer. Generally you'll need to review the life insurance cash-value account's performance, as well as the portfolio of investments within your policy, to determine if you're receiving dividends. It's important to review the policy and any relevant documents to make sure dividends if received or not. If you have any further questions, your life insurance provider should have customer service representatives who can help guide you through the specifics of your policy.
Compare Newberg, OR 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