Compare over 37 Variable Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Selma, AL 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 Selma, AL. 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 Selma, AL.
Frequent Questions...
Variable life insurance, offered in Selma, AL, provides policyholders with additional features not found in other life insurance policies. The major difference between the two is that variable life policies are securities-based and allow investors to choose from a range of investment options, such as stocks or bonds, while other policies only provide a predetermined benefit payout of a fixed amount upon death. Unlike other life insurance policies, variable life insurance policies offer policyholders the ability to adjust their premium payments and their death benefit amounts.
Can I cancel my policy after getting variable life insurance quotes in Selma?
Selma, AL residents have the right to cancel their variable life insurance policies as long as they follow the procedures established by the insurance carrier. Canceling a life insurance policy requires a written request to the insurance company and the surrender of the original policy document. In general, the insurance carrier will still owe any policy benefits of a variable life insurance policy. If you choose to cancel your policy, make sure you understand any fees, taxes or penalties that may be incurred. It's also important to get confirmation that your policy has been canceled, including a copy of the cancellation letter.
What are the tax aspects of a variable life insurance policy Selma?
As a resident of Selma, Alabama, Selma should be aware that the tax implications of variable life insurance will vary state to state, as well as be contingent upon the type of insurance chosen and state and federal laws. Generally speaking, however, variable life insurance is capable of offering potential tax advantages in the way of tax-deferred growth of cash values and a death benefit that is typically income tax-free.
How often can I modify my investments in variable life insurance near Selma?
Selma, AL residents can make changes to their variable life insurance investment choices as often as they like. However, much like any investment, it is important to give thought to how such changes might affect the overall plan you have for financial security and retirement. Speak with an experienced financial advisor in Selma to review your investment choices and how often you should be making changes to ensure you are making the most of your investments.
How does a variable life insurance quote Selma handle dividends?
In Selma, AL, dividends used in variable life insurance policies are typically used to purchase more insurance coverage and to help with the expenses associated with owning the policy. Dividends can also be used to allow for additional premium payments and to help build up the policy's cash value. Depending on the policy, dividends could be taken in the form of a check or can be used to purchase more life insurance coverage. Ultimately, how the policyholder uses the dividends depends on what they hope to achieve with their policy.
The death benefit in Selma, AL can vary based on investment performance due to the availability of different types of term and permanent life insurance policies. In a term life insurance policy, the death benefit remains fixed upon purchase and is unrelated to any changes in investment performance. Conversely, for permanent life insurance policies, the death benefit can be invested in different vehicles or market instruments, the performance of which will affect the level of payout of the death benefit.
Can I direct specific investment strategies for variable life insurance policies near Selma?
Selma, AL policyholders can have options regarding the cash value investments. Most policies allow policyholders to choose from several investment strategies, which may include fixed interest investments, mutual funds, and/or indexed universal life investments. Policyholders can typically make changes to their strategy, such as choosing different funds and allocating their money as desired, to help maximize the returns on their life insurance policy cash value. However, policyholders should consult with their insurance agent or financial advisor before selecting or modifying any investment strategy.
How can I monitor performance of my variable life insurance in Selma?
If you live in Selma, AL, and have a variable life insurance policy, you can track your investment performance by utilizing the financial services of one of the many local professional financial advisors in the area. These advisors can provide tailored guidance based on your individual financial goals, as well as review your current investments within the insurance plan to ensure they are performing as expected. They can also help you set-up tracking measures to help you monitor, adjust, and make changes necessary to keep your long-term investments on track.
How does my Selma variable life insurance policy handle loan interest?
Selma, AL residents who have variable life insurance policies can handle the interest accrued from policy loans in two ways: they may either repay the interest to the insurer or allow the insurer to add the interest to the loan principal. The accumulation of interest on the loan balance may result in a decrease in the amount of death benefit and cash value to the policy. Thus, it is important to structure loan payments responsibly in order to maintain the desired death benefit and cash value of the policy.
Can I convert from term life insurance with a Selma variable life insurance company?
Depending on your individual circumstances, Selma, AL, it may be possible to convert your term life insurance policy to a variable life insurance policy. There are some important considerations before you make the switch, such as how the premiums and cash values may differ. Make sure to speak to a qualified insurance specialist in your area, who can explain all your options available in your particular situation and provide you with financial advice tailored to your individual needs.
Compare Selma, AL 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