Compare over 37 Variable Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Oakland, NJ 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 Oakland, NJ. 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 Oakland, NJ.
Frequent Questions...
Oakland, NJ residents looking for a variable life insurance policy should be familiar with the primary components of the policy: a cash value account, a death benefit, and a policy fee. The cash value account is composed of the premiums paid into the policy that earns interest and can be accessed after a certain period. The death benefit is guaranteed and can be changed over time according to the insured's wishes. The policy fee is a fee paid by the policy owner that covers the cost of keeping the policy in force, including any administrative costs and insurance payments.
With variable life insurance quotes in Oakland, how is the beneficiary impacted by investment performance?
In Oakland, NJ, the beneficiary of an investment is affected by the performance of that investment in a variety of ways. If the performance is strong, it could result in a greater return on their money. However, if the performance is weaker, the beneficiary could suffer a potential loss or lower rate of return. Furthermore, depending on the investment, the beneficiary could also experience risk factors and volatility that could have an impact on the amount of return they see on their investment. Ultimately, careful consideration must be given in order to safeguard the interests of the beneficiary when making investments.
How does the cash value work for a variable life insurance policy Oakland?
Variable Life Insurance allows Oakland, NJ residents to build a cash value component within the policy, which grows tax-deferred and can be accessed at any time via withdrawals or partial surrenders. However, unlike other life insurance policies, the cash value account is not guaranteed and depends on the performance of the underlying market, such as stocks and bonds. To properly utilize the cash value component, it is important for Oakland, NJ residents to understand the fees associated with the policy and investigate the investment options available to maximize their returns.
Do I need to understand investments for variable life insurance near Oakland?
No, you don't have to be investment-savvy to purchase variable life insurance here in Oakland, NJ. However, the more informed you are about investment strategies, the better decisions you can make regarding variable life insurance. There are many Oakland, NJ-based life insurance professionals who specialize in variable life insurance and can help guide and advise you throughout the purchasing process. They can help determine the most appropriate product for your particular needs and objectives by answering any questions you may have.
Is there a minimum guaranteed return with a variable life insurance quote Oakland?
Variable life insurance in Oakland, NJ can provide flexible options that allow for the potential to earn higher returns. While there is no minimum guaranteed return, variable life insurance also features protective features such as minimum death benefits and cash surrender values that may provide you with a source of financial security while also providing an opportunity to grow your money over the long-term. Depending on your own objectives, this strategy can give you the flexibility to manage your portfolio to meet your financial goals.
Yes, there are age restrictions for buying variable life insurance in Oakland, NJ. In order for residents in Oakland, NJ to buy variable life insurance, they must be at least 18 years old. Additional restrictions may apply depending on the issuer, the age of the applicant, and the productโs desired coverage period. Before making a purchase decision, itโs important to speak with a knowledgeable life insurance expert in Oakland, NJ to explore your options and confirm any age restrictions that may apply to you.
How does cash value growth influence death benefit with variable life insurance policies near Oakland?
The cash value growth of variable life insurance in Oakland, NJ, directly impacts the death benefit payout. As the cash value accumulates, the amount of the death benefit payout increases, providing more financial protection for your loved ones in case of an unexpected passing. A variable life policy also allows you to invest in a range of mutual funds, stocks, and other security options, providing you with the potential for growth to contribute to your policy's death benefit. Variable life insurance is a great choice for Oakland, NJ residents looking for the potential of increased cash values and a higher death benefit.
Are management fees for variable life insurance in Oakland similar to mutual funds?
Although variable life insurance is typically seen as an investment vehicle, there are costs associated with the product, such as management fees, that can be comparable to those for mutual funds. In Oakland, NJ, specifically, the management and administrative fees associated with variable life insurance policies tend to be very competitive typically making them a comparable option as compared to purchasing a mutual fund. When selecting which investment tool is best for the individual needs of a potential investor, it's important to seek the advice of a financial advisor who will provide a thorough analysis of the costs and benefits of each option.
How does my Oakland variable life insurance policy handle loan interest?
The policy loan interest rate on variable life insurance in Oakland, NJ is subject to the same rules and regulations as in other regions. A policy loan is a loan against the accrued policy cash value, and the interest rate depends on current market conditions. In general, policy loans are tax-deferred, meaning that the interest you pay on the loan does not count as taxable income. However, you should always check with your local insurance representative to make sure you are in compliance with state and federal regulations.
How do loans affect death benefits with my Oakland variable life insurance company?
Policy loans from variable life insurance can impact the death benefit of Oakland, NJ residents by reducing the policy's overall death benefit should the loan reach a certain amount and not be repaid before death. Specifically, federal laws mandate that if the policy loan reaches the greater of $200,000 or the policy's cash value, the death benefit will be reduced to the remaining cash value. This could have a significant impact, particularly for those who depend on the death benefit for financial security. It is important for policyholders to carefully consider these potential implications before taking out a policy loan.
Compare Oakland, NJ 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