Compare over 37 Variable Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Springfield, VA 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, VA. 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, VA.
Frequent Questions...
In Springfield, VA, premiums with variable life insurance may be fixed or variable depending on the type of policy you purchase. Fixed premiums will remain the same throughout the term of the policy, while variable premiums can increase or decrease over time with market conditions. Consider speaking with a knowledgeable agent to better understand how the type of policy you select can impact how your premium is determined.
Can I use my variable life insurance quotes in Springfield as collateral?
While it may be possible to use variable life insurance as collateral for a loan in Springfield, VA, it is not advised. This type of insurance is for supplementing retirement income and not intended for use as an investment or other financial purpose. Additionally, life insurance should be carefully reviewed by a financial planner to determine that the coverage is appropriate for your individual needs and that you have the capacity to pay any associated premiums.
What potential risks are there with a variable life insurance policy Springfield?
In Springfield, VA, variable life insurance can present financial risks to the policyholder. The value of the policy can go up or down depending on the performance of the investment options in the policy, and the cash value of the policy can be less than the total premiums paid. Additionally, variable life insurance often involves heightened risk owing to their dealing with securities products and securities markets, for which higher returns involve higher risks. Moreover, complex tax rules need to be accounted for when it comes to withdrawing or borrowing money from the policy.
Do I need to understand investments for variable life insurance near Springfield?
Depending on your financial goals, you may or may not need to be investment-savvy to purchase variable life insurance in the Springfield, VA area. Certain policies may be self-directed, which allows you to manage the underlying investments of the policy yourself. Alternatively, there may be an advisor to help guide you through the process and discuss different variable life insurance products that are best suited to your financial needs. Ultimately, it depends on whether you are comfortable making your own investment decisions or if expert advice is a better fit for your financial situation.
What are the surrender fees for a variable life insurance quote Springfield?
Surrender charges for variable life insurance in Springfield, VA depend on the policy you have purchased. Variable life insurance products often charge a percentage of the policy amount as a surrender fee if you choose to cancel your policy within a certain period. It is important to read the information about your policy carefully and speak with an insurance specialist if you have questions about the surrender charge you may face. They will be able to provide additional information specific to the policy you have purchased in the Springfield area.
In order to purchase variable life insurance in Springfield, VA, consumers must be at least 18 years of age, and some insurance companies may require applicants to be older. Depending on the specific policy, there may be a maximum age limit as well. Variable life insurance policies are typically long-term investments, so age can be an important factor to consider when deciding whether or not to purchase this type of policy.
Can I direct specific investment strategies for variable life insurance policies near Springfield?
In the Springfield, VA area, the policyholder may not be able to dictate specific investment strategies for the cash value. Typically, investments in a cash value policy are based upon the insurer's policies and procedures. Nevertheless, policyholders with cash value policies are typically able to select from a variety of strategies, depending on their individual investment goals. Moreover, many insurers allow policyholders to make limited changes to their cash value investments, either at regular intervals, or in response to changing macroeconomic conditions.
How can I monitor performance of my variable life insurance in Springfield?
If you have purchased variable life insurance in Springfield, VA, you can track the performance of your investments by contacting your local Financial Advisor. They will be able to provide you with tailored guidance about your investments, and they can also give you up to date information on exactly where your money is invested and how it is performing in the markets, allowing you to make well-informed decisions about your financial planning.
How liquid is the cash value of my Springfield variable life insurance policy?
In Springfield, VA, the cash value of a variable life insurance policy depends on how much premium you have put toward the policy. Generally speaking, the longer you remain insured with the policy, the more liquid the cash value as it can be accessed to borrow or as payment for premiums. If you have been putting in a higher amount towards your policy, your cash value will accrue more quickly. The premiums you add to your policy are typically fully liquid meaning they are available to you and can be borrowed against, although this should be discussed with your life insurance agent.
Can I convert from term life insurance with a Springfield variable life insurance company?
If you live in Springfield, VA and are considering converting your term life insurance policy to variable life insurance, you have several options. The first is to contact a local, reputable insurance agency in Springfield to assist you. They will be able to look into your current policy and make sure a conversion would be the best decision for you. They will also be able to provide insight and advice on any additional steps you might need to take. Additionally, you can shop around and research various life insurance conversion options that might fit your particular needs and budget.
Compare Springfield, VA 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