Compare over 37 Variable Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Shelbyville, IN 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 Shelbyville, IN. 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 Shelbyville, IN.
Frequent Questions...
Variable life insurance in Shelbyville, IN provides policyholders with the ability to invest a portion of their premium into different investment accounts and benefit from potential gains from the market. This type of life insurance requires a greater risk and reward ratio than other traditional insurance policies, as the investment portion of the policy is not guaranteed from losses. The policyholder can choose from a number of different accounts which allow flexibility and access to great growth potential, unlike a permanent life insurance policy. Additionally, the growth will accumulate on the cash value of the account which the policyholder can withdraw or borrow from later.
Are there early withdrawal penalties for variable life insurance quotes in Shelbyville?
In Shelbyville, Indiana, there are penalties associated with early withdrawal from the cash value of an account. Financial institutions will charge a fee to cover the cost of replacing the funds withdrawn early and there may be additional taxes or penalties according to state or federal guidelines. It's important to review your account agreement to look for any early withdrawal penalties that may apply. Consult your financial advisor to best understand and plan for any fees associated with early cash withdrawal.
With a variable life insurance policy Shelbyville, can I decide where my premiums are invested?
When selecting a variable life insurance policy in Shelbyville, IN, you are able to choose where your premiums are invested. With this type of policy, you can allocate your funds into specific accounts that have various combinations of stocks, bonds, money market funds, and other vehicles. This allows you to tailor your investment strategy to your personal goals and objectives. As your needs and goals change over time, you can continuously adjust your investments to ensure your premiums are working for you.
Is there a death benefit guarantee with variable life insurance near Shelbyville?
Variable life insurance can provide a death benefit for Shelbyville, IN residents; however, there is no guarantee that this benefit will be paid out. Variable life insurance policies only fulfill the promised death benefit if there is adequate cash value in the policy to cover the amount when the insured person dies. Furthermore, the cash value can also be subject to taxes and other charges when the policyholder dies. Thus, while there is typically a stated death benefit promise, there is no specific guarantee that the beneficiary of the policy will receive the full payout.
Is there a minimum guaranteed return with a variable life insurance quote Shelbyville?
Variable life insurance in Shelbyville, IN enables the policy owner to select a variety of mutual fund options to invest in. While these options do not offer a guaranteed rate of return, they have the potential to generate higher returns, depending on the stock market performance of the investments. Nevertheless, the variable life insurance policy does provide a minimum guaranteed death benefit, paid to the insured's beneficiaries upon death, which may help survivors replace any lost financial support.
Yes, there are age restrictions for buying variable life insurance; these restrictions vary from state to state. In Shelbyville, IN, all applicants must be at least 18 years old to purchase variable life insurance. Additionally, those ages 65 and up can only purchase this type of insurance if they can provide medical proof that they are in good health. Insurance companies also have maximum ages for variable life insurance, with most companies offering coverage up to age 85.
Can I upgrade variable life insurance policies near Shelbyville to another policy type?
In Shelbyville, IN, you can upgrade your variable life insurance policy to another type of policy when you contact your life insurance provider. Depending on your current coverage, there may be differences in coverage limits, eligibility, and/or costs associated with the upgrade. It is important to carefully consider the options and determine which policy best fits your needs. You should also make sure you understand any associated fees and assess the benefits before making any changes to your policy. Working with a trusted insurance advisor in Shelbyville, IN is the best way to ensure that you are selecting the perfect policy for your circumstances.
How can I monitor performance of my variable life insurance in Shelbyville?
In Shelbyville, IN, you can track the investment performance of your variable life insurance by calling your local insurance agent and getting an annual report which includes detailed information about the performance of your insurance investments. If you have more detailed questions, a financial advisor in the area could provide additional insights into the performance of your policy. Additionally, online resources such as websites or apps are available to research the company that is behind the variable life insurance policy and look into the investments to gain a better understanding of the performance.
How liquid is the cash value of my Shelbyville variable life insurance policy?
The cash value of a variable life insurance policy in Shelbyville, IN varies based on the performance of the underlying investments. Generally, if the investments perform well, the cash value of the policy can be more easily accessed through the surrender of the policy or use as collateral for a loan. On the other hand, if the underlying investments don't perform well, the cash value of the policy may be reduced, making the cash value less liquid. It is important to remember that the cash value of a variable life insurance policy is not guaranteed and its liquid access is subject to a variety of market conditions.
Do I get dividends from my Shelbyville variable life insurance company?
In Shelbyville, IN, you are likely eligible to receive dividends from investments within your variable life insurance policy. Many life insurance companies offer variable life insurance policies with the potential to yield a variety of investments that come with dividends. Before pursuing a policy with dividend payments, it's important to understand the risks associated with the selected portfolio. Your insurance company's customer service team can offer additional details and help you decide if investing in a variable life insurance policy might be the right choice for you.
Compare Shelbyville, IN 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