What are Life Insurance Quotes?

Learn About Life Insurance Quotes


What are Life Insurance Quotes and How to Get Quotes?

If you’re considering life insurance you may have heard about or seen the phrase "life insurance quotes" on the internet or on television.

But, what is a quote for life insurance?

Actually, it’s simple. A "quote" is the price estimate your life insurance policy will cost based on information you provide to the insurance company.

Your life insurance quote is based on several key factors which include the type and amount of life insurance you request.

In addition, your age and health are main factors in developing your price quote.

Also, other variables come into play which include your family health history, lifestyle, tobacco use, driving record, occupation, hobbies, credit history, etc.

Once you answer the questions on the quote form, you will receive a price comparison of the most competitive term life insurance products for the type of term insurance that you select.

 Get a Free Life Insurance Quote


What questions are asked to get a quote for life insurance? 

It varies by the quote provider, but most will include questions about your age, gender, tobacco use, health, type of life insurance, length of time you need coverage, and amount of life insurance you need.

 

How long does it take to get a quote?

It can take less than 10 seconds after submitting the information for your quote. Once you answer the questions on the website of the quote provider, you click on a button and instantly receive the best quotes from the life insurance carriers offered by the provider.

 

Do I need to take an exam to get a quote?

There is no exam required to request and receive your price quote comparisons.

 

Where can I get quotes on life insurance? 

There are many websites that offer life insurance and quote comparisons, including JRC Insurance Group, Wholesale Insurance, Efinancial and AccuQuote, among others.

 

How many quotes can I get for life insurance?

You can request as many different free quotes as you want for different amounts of life insurance coverage, or lengths of term for coverage.

 

Does it cost anything to compare pricing for life insurance?

No. Life insurance quotes are free. There is absolutely no cost.

 

How many insurance companies can I compare quotes from online?

Some insurance websites have access to a network of insurers. You may be able to compare life insurance quotes from as many as 40 or more insurance companies at once.

 

Can I get a no exam life insurance price quote?

Yes, some insurance websites offer instant quotes for no exam life insurance coverage.

 

Are my quotes for life insurance guaranteed?

Your free quotes are an estimate based on the information you provide on the quote request form. Your actual price for life insurance coverage may vary depending on your health exam results and other risk factors.


List of Common Questions Asked and Information:

 

Birth Date: Coverage may be available for people ages 14 days to 85 years of age

Amount of Coverage: Use a needs calculator

Term Length: 10, 15, 20, 25 or 30 years of life insurance

Tobacco Use: Have you used any form of tobacco or other nicotine products in any form in the last 1 to 5 years and how often?

Health Category:  Average, Good, Very Good or Excellent 

  • Preferred Plus – Exceptional
  • Preferred – Excellent
  • Regular Plus – Above Average
  • Regular – Average

Life Insurance Company Rating:  The financial strength rating issued by independent rating agencies that review and analyze the financial statements of insurance companies an issue an independent rating for life insurance carriers.

 

Example of Financial Ratings:

  • "A++" – Superior
  • "A+" – Superior
  • "A" – Excellent.
  • "A–" – Excellent
  • "B++" – Very Good
  • "B+" – Very Good
  • "B" – Adequate
  • "B–" – Adequate
  • "C++" – Fair
  • "C+" – Fair
  • "C" – Marginal
  • "C–" – Marginal
  • "D" – Very Vulnerable
  • "E" – Under State Supervision
  • "F" – In Liquidation

  

The information you provide is anonymous, once you’ve viewed your quotes, you’ll be able to save your quote or submit an online application for life insurance.

The price quotes offered are not a contract, binder or agreement to extend life insurance coverage.

The premium for your life quotes are based on a number of factors including the chosen health category, the amount of insurance, height and weight, and your tobacco use.

 

Benefits of Comparing Life Insurance Quotes

 

  • Free Quotes – It costs you nothing to compare the best prices for life insurance.
  • Save Money – Save up to 50% or more on your policy.
  • Quick and Easy – Quotes in less than 1 minute direct to your computer screen, tablet or phone.
  • Convenient – Compare quotes 24 hours a day, 7 days a week, from your home or office.
  • No Hassles – No need to take a medical exam or meet with an agent.
  • No Obligation – No obligation to buy a policy.



Compare Multiple Life Insurance Quotes

 

Top Pick – JRC Insurance Group

JRC Insurance Group helps you shop, compare and save on life insurance. Regardless of your age or health background, we'll shop our 40+ insurance companies and find you affordable life insurance you need to protect your family and fit your budget. Compare the best life insurance rates for savings up to 73%. Get Your FREE Quote.

 

Get a Quote for No Exam Life Insurance

 

Highly Recommended – Haven Life

  • Get up to $1,000,000 of affordable term life insurance today
  • Apply online in under 20 minutes, start coverage today
  • Backed by MassMutual, rated A++ by AM Best

Haven Life uses the information provided in your application to make an instant decision on your application. Healthy, qualified applicants (based on the information provided in your life insurance application) can be insured immediately with no medical exam while other applicants can receive immediate coverage pending a medical exam.

 

Get a Guaranteed Acceptance Life Insurance Quote

 

Top Pick – United of Omaha

United of Omaha offers guaranteed acceptance whole life insurance for people age 45 to 85. Choose $3,000 up to $25,000 of coverage. Rates start as low as $8.80 per month. There’s no medical exam and no health questions. You cannot be turned down. You can get a quote and apply online now. START HERE to get a FREE Quote.



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What are Life Insurance Quotes

 


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