Compare over 37 Variable Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Woodbridge, 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 Woodbridge, 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 Woodbridge, NJ.
Frequent Questions...
Variable life insurance in Woodbridge, NJ offers policyholders the ability to accumulate and fluctuate cash values that are invested directly in a variety of security and equity markets. This provides policyholders the ability to benefit financially from positive market gains, while still taking advantage of the death benefit protection that traditional life insurance provides. Unlike other life insurance policies, variable life insurance provides policyholders with an opportunity to increase the policy’s Cash Value or death benefit within their policy. This makes the policy more customizable as the policyholder’s own life evolves.
Can I use my variable life insurance quotes in Woodbridge as collateral?
In Woodbridge, NJ, you may be able to use variable life insurance as collateral for a loan. Lenders typically allow clients to use policies with cash value and death benefits as collateral to secure their loans. Variable life insurance policies, however, are subject to fluctuating values and can be affected by market performance. This may make them a less desirable choice than traditional permanent insurance policies for securing a loan. It's important to speak with a qualified financial professional in Woodbridge, NJ to discuss your individual situation and determine if using variable life insurance is the best option for your loan.
What are the tax aspects of a variable life insurance policy Woodbridge?
In Woodbridge, NJ, the tax implications of variable life insurance depend on many factors, including the type of policy, its coverage terms, and the owner's financial situation. Generally, these types of policies are not subject to taxes, since the death benefit is typically paid out tax-free. However, if the policyholder makes withdrawals or receives dividends from their policy, those would be subject to taxation. Additionally, some policyholders use their policy as an investment vehicle, and in that case, they may need to report and pay taxes on any gains or losses resulting from the policy.
Do I need to understand investments for variable life insurance near Woodbridge?
At Woodbridge, NJ based Miller & Schmidt Financial Services, we understand that investing isn't always easy, and that not everyone feels comfortable taking on the risk involved with variable life insurance. Because of that, you do not need to be investment-savvy to purchase a variable life insurance policy. Our knowledgeable financial advisors are here to help guide you through the process and answer any questions you have. We will review your financial needs to ensure that you’re purchasing the coverage options and features that best suit your situation.
What happens if my variable life insurance quote Woodbridge underperforms?
If your chosen investments perform poorly in Woodbridge, NJ, you have a few options. You could opt to reallocate assets to better performing investments, although this may require evaluating the viability of each investment. Alternatively, you may choose to stay the course and ride out any short term market drops, with the understanding that performance may eventually correct itself over the long term. Of course, professional advice should be sought if you're uncertain which is the best option for you.
Woodbridge, NJ residents have the unique benefit of having access to variable life insurance. This type of life insurance offers policyholders the invaluable advantages of offering a death benefit, providing potential tax-deferred investment growth, and in some instances, allows you to convert the policy to a different type of life insurance. Variable life insurance policies are also customizable, providing a wide range of investment choices and flexible premium payment amounts and schedules, allowing policyholders to adjust their plan accordingly to meet their changing financial needs.
Can I direct specific investment strategies for variable life insurance policies near Woodbridge?
Woodbridge, NJ policyholders are able to dictate their own specific investment strategies for the cash value portion of the policy. The policy requires that certain requirements in regards to liquidity, diversification, and other investment concerns are met, so that each investment strategy is appropriate for that particular policyholder's specific goals and risk tolerance. Ultimately, the policyholder's desired investment objectives will take priority when dictating the strategy. Policyholders should consider speaking with their insurance representative to discuss the most suitable investment strategy.
How can I monitor performance of my variable life insurance in Woodbridge?
In Woodbridge, NJ, you can track the investment performance of your variable life insurance policy with the help of an experienced financial advisor. The advisor will provide you with detailed analysis and advice on your investments, offering recommendations on which investments would be best for your financial needs and objectives. The advisor will then assess the performance of your investments over time and provide you with a clear understanding of their current status and future outlook. By staying knowledgeable and informed about your investments, you can make sure you're getting the most out of your variable life insurance policy.
Is my Woodbridge variable life insurance policy considered permanent life insurance?
Yes, variable life insurance is indeed a type of permanent life insurance. It is a product that is specifically tailored to the needs and preferences of customers in Woodbridge, NJ, allowing them to build a customized policy that fits their individual goals. Variable life insurance provides value through cash value accumulation, in which a portion of the premiums is saved to generate deferred growth, while providing a death benefit and the potential for tax-advantaged retirement income.
Can I convert from term life insurance with a Woodbridge variable life insurance company?
Absolutely! At Woodbridge, NJ's insurance firm, we offer customizable life insurance policies that can be converted from term life insurance to variable life insurance. The versatile policies serve as a safety net for individuals, and rate premiums are determined based on factors such as age, smoking status, and overall health. Our experienced agents will be more than happy to discuss the details with you, provide a quote, and help you pick out any optional features. They'll also explain how these features will help protect your family and your future.
Compare Woodbridge, 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