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Term Life Insurance by Top
Rated Companies
More term companies
equals the best opportunity to obtain the lowest term quote!
Offering the Largest Selection of
Top-Rated Companies Instantly!
Why is this important?
Personalized
Tele-Application for All Companies, Right Over the
Phone!
For the serious shopper who would like a seasoned
professional to assist them-
"how term life insurance
works", "return of premium term life insurance",
"no exam term life insurance" and "what is term life
insurance" will be explained on this page.
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Term Life Insurance Quote Formulation
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How are quotes
Formulated?
An offer from the company
underwriter is the only true and reliable term life insurance quote;
All others are just best guesses! That
being said, let's go on...
We all want premiums
at the best possible price. But what happens is that
most people get called upon by their local insurance agent and obtain a quote
from one or two carriers. Some may
venture to the Internet,
only to find out that the insurance website is offering quotes from
only a handful
of
top rated companies.
This you should know, not all insurance websites sell life
insurance at all. They simply sell your request for information to a
local insurance agents who then call on you.
Simply said, the prospective
insured will only know that he or she has obtained the lowest
price for their insurance when they see a insurance quote in
spreadsheet form from all top rated companies.
classes the
underwriters uses
non-tobacco users:
Preferred
Best, Preferred, Standard Plus, Standard, Standard Table 1-10
tobacco users:
Preferred,
Standard Plus,
Standard, Standard Table 1-10
obtain the most accurate, lowest
price Insurance quote
Unless you or your insurance agent has determined your proper
quote classification, the quotes you receive
will have no meaning at the time of underwriting; whether it be
a
fully underwritten
or a
no exam
how is the accuracy determined?
Term Life Insurance Quotes are determined by the following
criteria:
Tobacco – Non-tobacco
Prices
for tobacco users are generally 2 to
3 times higher in price than non-tobacco quotes because
shortened life expectancy and serious health problems are a
consequence of tobacco use..
don't lie - lying
constitutes fraud!
If you die within the
contestability period, the company will take a
thorough look at your death certificate to determine whether or
not your death was caused a by tobacco use related illnesses.
Height and Weight
This height and weight chart should be reviewed.
It is important to obtain as many different company quotes as
you can to get the best premium quote. If your weight reaches a
certain level, you will have to pay more. In all instances, the heavier you are, the more
you'll pay.
Health Problems
Each insurance company views health
conditions differently. We have available our
impaired risk questionnaires to help evaluate the extent of
your health risk. We will then be able to shop
your particular situation.
Standard
Sub-Standard Table 1-10
These
conditions are usually not insurable at standard or better
rates.
uninsurable Conditions
These conditions
are
usually
considered uninsurable
Driving History
Motor Vehicle
Reports are usually ordered
under all circumstances:
Life Style
Life style
conditions also affect premium quotes.
Hazardous hobbies, like scuba diving, being a pilot, and other such activities, will cause
your quoted premium to be higher.
Questionnaires can be found here.
Financial Need
The purpose and need
is an important source of information for the
underwriter to validate a quote offering.
Usual income multiplication factors.
Age
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Times Income
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18 – 30 |
30 |
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31 – 40
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25
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41 – 50 |
20
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51 – 55 |
15 |
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56—60
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12 |
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61 – 65 |
10 |
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Over 65 |
5 |
At certain age and life insurance amount level requires a
written verification of finances from an informed and
disinterested third party.
The negative side
Getting an accurate quote is not usually instant.
Frustration could prevail to a level of not getting any coverage
at all.
We have secured most of the top companies. We know
their underwriting. And we are committed to helping the
public on these issues online since 1999.
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