Compare over 37 Variable Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Provo, UT 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 Provo, UT. 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 Provo, UT.
Frequent Questions...
Anyone in Provo, UT who wants eventual financial protection from the cost of medical care and burial expenses could benefit from variable life insurance. Those who want an investment component included in their policy, but don't want to manage it directly, should definitely look into variable life insurance. Variable life insurance not only provides death benefit protection, but also a savings component with tax-deferred growth potential. Highly-motivated individuals should consider the purchase of variable life insurance to take advantage of the policy's potential rewards while still having financial protection for their families in the event of death.
Do variable life insurance quotes in Provo come with a cash surrender value?
Yes, variable life insurance has a cash surrender value in Provo, UT. Depending on the provider, policyholders can realize cash value through a variety of loan or withdrawal options. Generally, the cash surrender value of a permanent life policy won't be as high as that of a term life policy, but there are financial benefits for having a permanent policy. Normally, dividends or investment earnings accumulate, while you also have certain tax advantages that apply to permanent life insurance. Variable life insurance provides a death benefit as well as potentially offset a portion of income taxes imposed on retirement income.
What are the tax aspects of a variable life insurance policy Provo?
Tax implications for variable life insurance vary based on geographic location. In Provo, UT, they are subject to federal income taxes, including the Additional Medicare Tax, as well as investment-related fees. Any income, such as interest or dividends, that is generated by the policy’s investments are taxable. Additionally, certain additional expenses associated with the policy may also be taxable, depending on the type of policy and the individual’s circumstances. It is encouraged for anyone looking to purchase a variable life insurance policy to speak with a financial professional to fully understand the potential tax implications.
What fees are there with variable life insurance near Provo?
Variable life insurance fees vary based on the insurance provider you choose. In Provo, UT, you may find insurers that offer fees for one-time payments, upfront fees, and possibly an annual fee. Depending on the coverage you choose, these fees could be a percentage of the death benefit, an annual fixed rate, or a combination of both. In addition, if you opt for an optional rider, there could be additional fees associated with it.
What are the surrender fees for a variable life insurance quote Provo?
The surrender charges for variable life insurance in Provo, UT will depend on the policy and company you choose. Generally, these charges may decrease over the course of the policy and can vary from 5-10% in the early years of the policy depending on the type you purchase. Some policies may even offer a surrender penalty waiver or a partial surrender if you need to make a withdrawal. It's best to speak with an advisor familiar with life insurance policies in this area in order to understand the specific surrender charges associated with your policy.
In Provo, UT, the age restrictions for buying variable life insurance vary by insurance provider. Generally, insured parties must be at least 18 years of age and not more than 85 years old in order to qualify. The maximum age varies by provider and sometimes variable life insurance policies even require the insured party to renew the coverage at least once within their lifetime. Make sure to carefully read through the terms of any variable life insurance policy you are considering to make sure all age requirements are met.
How does cash value growth influence death benefit with variable life insurance policies near Provo?
In Provo, UT, the cash value growth of a variable life insurance policy impacts the death benefit in that it can provide the policyholder's beneficiary with a greater amount than the amount covered by the initial life insurance. As the cash value increases, so too can the death benefit, with the beneficiary receiving access to the cash values once the policyholder passes away.
How regularly should I check my variable life insurance in Provo?
In Provo, UT, it is recommended that you review your variable life insurance policy regularly, at least once a year. This will help make sure that your policy still meets your needs, even as they change over time. This review should include assessing whether your coverage is still appropriate, and looking at any changes since you first acquired the policy. A review should also include examining the portfolio and performance of the policy, as well as ensuring that the beneficiary will receive the desired benefits in the event of your death.
Can I use my Provo variable life insurance policy for retirement savings?
In Provo, UT, variable life insurance can indeed be used as a retirement savings vehicle. Variable life insurance provides a variety of investment options similar to those found in stocks and mutual funds, as well as a death benefit to provide financial security for the policyholder's beneficiaries. Additional benefits include tax-deferred earnings, the possibility of loan withdrawals, and other tax advantages. When investing in a variable life insurance policy, though, it is important to remember that any policyholders may experience losses due to market fluctuations and could lose money if the bond/investment markets decline.
Does my Provo variable life insurance company offer a grace period for premium payments?
In Provo, UT, the answer is yes; there is a grace period for premium payments in variable life insurance. Provided the policyholder still meets the minimum premium amount, the policy will remain in force throughout the period of grace. This grace period typically lasts several days or even a month, depending on the company issuing the policy. It is important to note that after the grace period has lapsed, the policy may be subject to lapse penalties and additional charges.
Compare Provo, UT 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