At Quotealife, we are an insurance agency - not an insurance company. This allows us to impartially shop around on your behalf securing the best policy and rate for your family.
With term life insurance you only pay for the death benefit, not any other investment component.
With whole life and universal life - you'll be paying for the insurance and for an investment side fund.
Term insurance can be purchased for 30, 25, 20, 15, 10, and 5 year periods at a time.
30 and 25 year policies are usually purchased by younger families just starting out in life and wanting income protection.
20, 15, and 10 year term policies are good for providing income replacement, family protection, funding buy/sell agreements, and key employee insurance.
The facts about quotes -
Many are inaccurate because they are based on very little personal information.
Accurate quotes are based on a number of factors. The healthier you are - the better the rates. That's why when speaking with an agent, we ask important health questions.
There are well over 1000 companies selling term life insurance. Each company has a different rate. This is why our shopping around with highly rated companies assures you of getting the lowest rates possible.