Compare over 37 Variable Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Springfield, OR 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 Springfield, OR. 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 Springfield, OR.
Frequent Questions...
Variable life insurance is a type of permanent life insurance that offers policyholders in Springfield, OR with long-term protection and the potential for policy cash value growth. It allows policyholders to invest a portion of their premium payments into separate investment accounts, allowing them to select from a variety of different options. Variable life insurance also provides policyholders with the ability to adjust the death benefit to meet their individual needs throughout their lifetime. Additionally, this type of insurance provides policyholders with potential tax benefits and flexibility.
Do variable life insurance quotes in Springfield come with a cash surrender value?
Yes, variable life insurance in Springfield, OR has a cash surrender value. It is calculated based on the policy's loan balance and the current value of the fund which the policy is linked to. Although, the actual cash surrender amount depends on various factors such as the investments made for the policy and the length of time the policy has been in effect, the surrender value will never be lower than the premiums paid to date and any accumulated cash value in the policy.
How does the cash value work for a variable life insurance policy Springfield?
Variable life insurance in Springfield, OR, works differently than other life insurance coverage. The cash value component allows a policyholder to access certain money values depending on the policy. These funds are typically tied to the performance of subaccounts that are composed of stocks, bonds, and other investment options. As the accounts increase in value, so will the cash value of the policy. It's important to note that tax considerations exist when accessing the cash values, and policyholders should speak to an insurance professional to ensure the funds are accessed as responsibly as possible.
How often can I modify my investments in variable life insurance near Springfield?
In Springfield, OR, the rules and regulations vary from one insurance company to another. Generally, you can make changes to your investment choices as often as you would like with variable life insurance. However, be sure to check with your insurer for any specific rules or restrictions they may have in place. Additionally, be aware of any relevant internal transfer fees or surrender charges that may be associated with any changes you make.
Is there a minimum guaranteed return with a variable life insurance quote Springfield?
Variable life insurance in Springfield, OR can offer a minimum guaranteed return, depending on the specific policy type and contractual terms. For example, with a Variable Universal Life (VUL) policy, a guaranteed minimum return may be available based on the investment performance of the underlying sub-accounts. However, it should also be noted that the results of an investment canβt be predicted and itβs important to consult a financial professional before making any decisions. Ultimately, whether a minimum guaranteed return is available or not will depend on the specific policy involved.
Variable life insurance may not be the right choice for short-term coverage needs in Springfield, OR. Generally, this type of life insurance is designed to accumulate tax-deferred cash value on a long-term basis to provide retirement income or a death benefit. However, there are other life insurance policies to consider for short-term coverage needs such as term life insurance which can provide more affordable coverage for a determined period of time.
Do variable life insurance policies near Springfield provide guarantees on returns?
Variable life insurance offers potential for growth and accumulation of cash value, but no guarantees on investment returns. That said, with variable life insurance, you control how your premiums are invested which can benefit policyholders in Springfield, OR. By selecting investments that accurately match their risk tolerance and long-term investment objectives, policyholders in Springfield can benefit from the unique advantages variable life insurance has to offer. Furthermore, variable life insurance policies offer tax-advantaged investments that may further enhance earnings potential.
Can I change investment options for variable life insurance in Springfield without tax effects?
Absolutely! In Springfield, OR, transitioning between investment options without tax implications may be done through a 1035 Exchange. A 1035 exchange allows taxpayers to make a like-kind exchange into another insurance product, such as an annuity, or to roll investments into another Qualified Retirement Plan (QRP), like an IRA. This exchange does not incur taxable capital gains, and is an efficient way to switch your investment options. It is important to consult with a qualified financial advisor to determine the best course of action and to ensure that there are no unintended tax consequences associated with the exchange.
How liquid is the cash value of my Springfield variable life insurance policy?
In Springfield, OR the cash value of your variable life insurance policy is highly liquid. Depending on the type of insurance and the terms of the policy, it may be possible to withdraw, borrow, or use the cash value for other purposes. One must always bear in mind that withdrawing cash will reduce the policy's death benefit or cash value. Generally, if taken wisely, these actions can be a useful way to gain access to cash for emergencies or other anticipated expenses.
Do I get dividends from my Springfield variable life insurance company?
Depending on the policy, you may receive dividends from investments within your variable life insurance policy in the Springfield, OR area. Dividends usually come in the form of cash payments, cash withdrawals, and additional units of the underlying investments. The amount of dividends you receive will depend on the performance of the underlying investments within your policy as well as the specific terms of your policy, so it's important to speak to your insurance professional for more specific information. An insurance professional will be able to explain the different options that may be available as part of your policy and how different variables can affect your dividends.
Compare Springfield, OR 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