Compare over 37 Variable Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Yorkville, IL 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 Yorkville, IL. 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 Yorkville, IL.
Frequent Questions...
Variable life insurance, unlike other more traditional life insurance policies, provides added investment options for policy holders to capitalize on. It provides holders with a death benefit, allowing loved ones to receive protection in case of anything unforeseen, but also provides those who hold these types of policies in Yorkville, IL with a cash value account. This allows for any funds in the account to be invested in stocks, bonds and mutual funds, as opposed to only being available in cash form or as the death benefit mentioned previously.
Do variable life insurance quotes in Yorkville come with a cash surrender value?
Yes, variable life insurance typically has a cash surrender value in Yorkville, IL. This means that in most circumstances policyholders can recoup a portion of their premium payments if they decide to end their policy before it matures. The amount of money you will get from a cash surrender is affected by a few factors such as the policy's age, the current market value of investment portfolios attached to the account, and the amount you have paid in premiums. It is also dependent on the terms of your policy contract.
With a variable life insurance policy Yorkville, can I decide where my premiums are invested?
Yes, with variable life insurance, you can choose where your premiums are invested, including with your local financial firm in Yorkville, IL. Investing your premiums can offer you the potential to grow the value of your policy in different types of investments such as stocks, bonds, mutual funds, and more. Choosing the right investments can help to realize higher returns or reduce risk levels depending on your goals and personal situation. Your local Yorkville firm can help you identify and review the best investment options to match your goals and work with you throughout the life of your policy.
What fees are there with variable life insurance near Yorkville?
The fees associated with variable life insurance vary depending on the company and policy you choose. Yorkville, IL residents can expect to pay administrative fees, surrender fees, and mortality and expense fees. In addition, policyholders may be responsible for an annual or monthly service fee, cost of insurance or underlying investments. Some policies will also come with additional riders, which carry their own fees. When researching policies, be sure to ask your agent or broker to provide a breakdown of all fees and any other related costs associated with a variable life insurance policy.
What are the surrender fees for a variable life insurance quote Yorkville?
The surrender charges for variable life insurance policies in Yorkville, IL will vary depending on the insurance company and the specific policy. Generally, the longer the policy has been in force, the lower the surrender charges will be. Typically, charges range from seven to 15 percent in the first several years of the policy. It's important to speak with your insurance company to get an accurate assessment of the surrender fees for your policy. If possible, it is best to keep your policy in force so that you can get the maximum benefit in the event of an emergency.
Yorkville, IL residents can enjoy a range of benefits through variable life insurance. This type of policy allows policyholders to access their funds as a supplemental source of income, via loans or withdrawals. This feature can be especially advantageous for families in Yorkville who are in need of additional financial assistance. In addition, variable life insurance offers policy-holders tax savings by allowing contributions to be made on a pre-tax basis. Finally, policyholders can earn tax-free dividends on the money they invest, which is beneficial those looking for substantial returns from their life insurance plans.
How does cash value growth influence death benefit with variable life insurance policies near Yorkville?
In Yorkville, IL variable life insurance policies provide an increasing cash value over the policyβs lifetime, which can be used to pay premiums. These cash values help bolster the death benefit by providing the policyholder with an additional source of financial support in the event of death. The death benefit can also be increased by the growth of investments in the account. As the investments in the account increase in value, so too does the death benefit, making it an attractive investment option in Yorkville.
Does all variable life insurance in Yorkville offer the same investments?
No, not all variable life insurance policies offer the same investment options. In fact, the investment options available for a variable life insurance policy in Yorkville, IL, may vary from those available in other parts of the country. For instance, in Yorkville, policies may offer greater diversity in investments, such as access to funds only available in the region. Therefore, depending on the policy specific to Yorkville, IL, the insured may be able to invest their money in funds that are not accessible elsewhere.
Is my Yorkville variable life insurance policy considered permanent life insurance?
Yes, variable life insurance is a type of permanent life insurance available to Yorkville, IL residents. As its name implies, variable life insurance allows for the policy holder to invest in a wide range of stocks, bonds, and other securities within the policy, enabling them to realize gains or losses in accordance with market movements. Unlike fixed life insurance policies, which guarantee a fixed rate of return, variable life insurance policies guarantee a death benefit, but gains and losses are subject to uncertain economic conditions. Variable life insurance provides tailored investment opportunities, as policy holders can decide which investments to make depending on their objectives.
What's the typical duration of terms with a Yorkville variable life insurance company?
The typical duration of a variable life insurance policy will vary depending on the specifics of the policy itself, as well as the needs of the policyholder. In Yorkville, IL, many variable life insurance policies remain in force for many years and offer permanent coverage. The Yorkville insurance market offers a wide variety of variable life insurance options, allowing policyholders to tailor coverage to meet their individual needs. These policies typically provide coverage for life with the death benefit being paid out to the policyholder's beneficiaries upon their death.
Compare Yorkville, IL 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