Compare over 37 Variable Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Totowa, NJ 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 Totowa, NJ. 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 Totowa, NJ.
Frequent Questions...
In Totowa, NJ, variable life insurance policies have flexible premiums that can be adjusted according to your individual needs and financial situation. Your insurer will work with you to develop a premium amount and payment frequency that best fits your needs. As long as you meet your premiums, you are likely to receive the maximum insurance benefits. Since premium rates can fluctuate, it is important to consult with your insurance provider for details about your individual policy.
Are there early withdrawal penalties for variable life insurance quotes in Totowa?
In Totowa, NJ, there are possible penalties for early withdrawals from the cash value of a financial instrument. Typically, these penalties occur by impacting the earnings of the amount that has been withdrawn prematurely. Depending on the type of financial instrument, these early withdrawal penalties can take the form of surrender fees, taxes, or decreased return on investments. If you plan on making a withdrawal before your policy's maturity date, be sure to consult with your financial advisor to discuss the potential consequences before proceeding.
Can I withdraw or borrow from a variable life insurance policy Totowa?
You may be able to withdraw or borrow from the cash value of your variable life insurance policy, depending on the type of policy and its terms. It's important to speak with your life insurance provider to understand the specific conditions of your policy and the associated fees. In Totowa, NJ, several life insurance providers can help you understand your rights and responsibilities with your variable life insurance policy, including the potential for taking out a loan or withdrawing cash value. It is never recommended to borrow against the cash value of your policy without first obtaining the correct information.
What fees are there with variable life insurance near Totowa?
Variable life insurance fees vary depending on the policy and the location of the policyholder. In Totowa, NJ, certain policyholders may be responsible for an annual policy fee, a premium charge, and a rider charge. Many insurers may also charge a distribution fee upon withdrawal and/or surrender of any policy in addition to any taxes that may be applicable. It's important to speak with an insurance professional to get a complete understanding of any and all associated fees.
Is there a minimum guaranteed return with a variable life insurance quote Totowa?
Variable life insurance offers the potential for a return on your investment, however it is not guaranteed and past performance is not an indication of future performance. In Totowa, NJ, it is important to find a professional agent that offers a variety of plans and strategies that are customized best for your individual goals and budget. Together, you can determine which plan best provides the balance of protection and financial growth that meets your needs.
Depending on your individual situation, variable life insurance could be an appropriate product to meet your short-term coverage needs in Totowa, NJ. When purchasing a variable life insurance policy, you have the possibility of choosing from a wide range of funds that invest in stocks, bonds, and other assets. These funds are managed by the insurer and youβre able to assign different percentages of the total policy premiums to each option.
How does cash value growth influence death benefit with variable life insurance policies near Totowa?
In Totowa, NJ, the cash value growth in variable life insurance has the potential to increase the death benefit payable upon the insured's death. This is due to the fact that the cash value grows over time via investments linked to the policy, which can be withdrawn, used to pay premiums, or kept in the policy to increase the death benefit. As long as the premium payments are kept up to date, the cash value growth can help to provide an additional layer of financial security for your beneficiaries. In other words, the higher the cash value growth, the greater the death benefit payout.
How regularly should I check my variable life insurance in Totowa?
As a rule of thumb, it's important to review your variable life insurance policy annually or anytime there is an important life change in Totowa, NJ that may affect your coverage. That way, you can make sure that your current coverage adequately meets your needs and that you're getting the best value from your premiums and policy. Additionally, it's a good idea to be aware of any updated regulations in Totowa that may impact your policy so that you can keep your coverage up-to-date.
How does my Totowa variable life insurance policy handle loan interest?
The interest rate on policy loans in variable life insurance is typically treated differently in each state, and New Jersey is no exception. Policyholders in Totowa, NJ may find that it is subject to income tax, as well as withdrawal charges prescribed by the insurance company. Generally, policyholders should consult with a qualified insurance specialist to understand the interest rate charged for the policy loan, as well as any applicable taxes or withdrawal charges.
How do loans affect death benefits with my Totowa variable life insurance company?
Policy loans from variable life insurance can have an impact on the death benefit for policyholders in Totowa, NJ. Loan interest, if it remains unpaid, is subtracted from the death benefit and paid to the lender. Additionally, if the loan is unpaid at the time of death, it reduces the death benefit by the unpaid balance amount plus any accrued cumulative interest. If the policy lapses while the loan is outstanding, then the loan balance will be deducted from the policy's cash value, thus reducing the death benefit. Furthermore, any unpaid loan interest could lead to a policy's surrender.
Compare Totowa, NJ 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