Compare over 37 Variable Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 South Portland, ME 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 South Portland, ME. 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 South Portland, ME.
Frequent Questions...
Variable life insurance policies differ from other life insurance options in that they offer an individual the ability to diversify their life insurance investments by placing policy funds into a variety of investment options. This could be particularly attractive to South Portland, ME residents who are looking to build their savings while also having life insurance protection. Variable life insurance comes with both risks and rewards that must be weighed carefully, such as an ability to earn additional income from the investments while also introducing potential volatility with their non-guaranteed returns.
With variable life insurance quotes in South Portland, how is the beneficiary impacted by investment performance?
In South Portland, ME, the beneficiary of an investment can have a range of effects depending on the performance of the investment. If the investment performs well, the beneficiary may be able to increase their wealth, gain access to new opportunities, and have financial security. If the investment performs poorly, the beneficiary may experience a decreased portfolio value, reduced financial returns, and potential losses if held for an extended time. Ultimately, the performance of an investment will have a direct effect on the beneficiary.
How does the cash value work for a variable life insurance policy South Portland?
Variable life insurance in South Portland, ME works differently than traditional life insurance in that it includes a cash value component. The cash value is an account where a portion of each payment is deposited and can then be used to offset the cost of the policy, help pay mandatory policy fees, and even serve as an extra source of cash should the policyholder need it. It also offers the potential for growth through investments, such as stocks and bonds, meaning policyholders can take advantage of certain market trends.
What fees are there with variable life insurance near South Portland?
The fees associated with variable life insurance vary depending on the insurance company as well as the policy itself. In the South Portland, Maine area, you can typically expect to pay premiums that are either level or increasing, as well as pay for taxes, administrative expenses, and expenses associated with the investment portfolio of the policy. While the fees associated with variable life insurance can differ from company to company, typically the total expenses of the policy are charged as a percentage of the policy's value. Knowing what fees you'll incur ahead of time is essential to deciding whether variable life insurance is right for you.
What are the surrender fees for a variable life insurance quote South Portland?
The surrender charges for variable life insurance in South Portland, ME vary depending on the type of policy and insurance provider you choose. Generally speaking, the fees charged for early withdrawal from a policy can be as high as 7% of the policy value and often decrease over time depending on the contractual agreement. However, some policies offer no surrender charges, so it's important to read the details of the policy agreement before committing to any particular policy.
Residents of South Portland, ME can benefit from variable life insurance by gaining financial security and flexibility allowable by the product. Variable life insurance provides death benefit protection and offers an ability to accumulate cash value through subaccounts which can then be used to supplement retirement income, pay for college tuition expenses, provide money for a down payment on a home or assist with other financial goals. Furthermore, with variable life insurance, policyholders have access to professional investment management to help them meet their retirement goals and obtain the returns they desire.
How flexible are premium payments for variable life insurance policies near South Portland?
Variable life insurance in South Portland, ME offers maximum flexibility when it comes to premium payments. With this type of policy, you can choose to pay premiums on a yearly, semi-annual, quarterly, or monthly basis to meet your needs. Additionally, you can choose to pay the same premium amount each payment period or you can go with the flexible option and adjust your payments each period based on financial changes. Overall, variable life insurance provides the ultimate flexibility when it comes to premium payments.
Does all variable life insurance in South Portland offer the same investments?
No, not all variable life insurance policies offer the same investment options. In South Portland, ME, many providers offer unique and diverse investment options tailored to the individual needs of policyholders. Depending on the insurance company selected, variable policies can be used for growth-oriented investments such as stocks, bonds, mutual funds, or balanced portfolios that provide a mix of these investments. Some providers also offer clients the ability to choose their own investment mix options or bring in non-insurance-company investments as part of their policy.
How liquid is the cash value of my South Portland variable life insurance policy?
The cash value of a variable life insurance policy can vary depending on its provisions, as well as the advice and needs of the policyholder in South Portland, ME. Withdrawals or loans can be made from the cash value of a variable life insurance policy at the policyholder’s discretion, although reducing the growth potential of the policy, leaving less cash value for their family and other beneficiaries. Although the cash value of a variable life insurance policy is liquid, some policies might be more restrictive than others with regards to how much cash value the policyholder can access.
Do I get dividends from my South Portland variable life insurance company?
Generally, dividends are not available from investments within a variable life insurance policy in South Portland, ME. Variable policies, by nature, are designed to provide a flexible income stream and the investment options within are not managed as actively as in other investments. Also, investment returns are taxed differently with a variable policy, so the potential for dividend payments aren't always favorable. However, policyholders of variable life insurance do typically benefit from other tax advantages along with potential well-managed returns from their investment choices.
Compare South Portland, ME 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