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Term Life Insurance Quotes
Term life insurance rates and quote services are everywhere. Free quotes, term rates from 250+ insurance companies, term life insurance FAQs... These features and more have made these sites a valuable asset to the rate conscious buyer of term insurance.
Life Insurance Rates are historically cheap
Term life insurance rates have never been lower. And term life insurance quotes have never been easier to obtain. So congratulations. You've picked a great time to review your protection needs and find out just how low rates have really dropped.
But the term life insurance marketplace HAS CHANGED!
Life insurance quotes, available over the internet, reflect the increased competition brought on by the information age. Unfortunately the old "bait and switch" is alive and well. Far too often consumers find themselves with final policy rates MUCH higher than they were originally quoted.
Why you may not always get the, "Best Insurance Quote"
There are 4 basic reasons why some sites can't, won't or don't give the consumer the "True" quote. They are:
- Underwriting Issues
- Guarantee Issues
- Licensing Issues
- Compensation Issues
Insurance Underwriting Issues
What is underwriting? - It's the process whereby an insurance company assesses the risk of you dying, period.
Each company has it's own set of criteria - and varies widely across the entire industry. For example, cholesterol rates required for the Super-Preferred ratings class range from 180 with company A to 260 with company Z. Tobacco use (or how long ago you quit), as well as occupation, hobbies (scuba, aviation), driving record, and family health history are just some factors that will significantly influence your rating category. Some companies penalize poor drivers more; others don't like pilots. Even with today's technology, no "Instant Quote" program takes all these variables into account.
Less than 18% of all people truly qualify for the Super-Preferred Category - Of course there is a company (A+ rated in fact) that claims to issue 60%+ of its policies Super-Preferred. They actually do. Their rates are much higher than the competition for Super-Preferred.
Guarantee Issues
Companies are now allowed to sell a policy for up to 30 years, even though the rates are not guaranteed for the entire term.
This means it is crucial that you understand what the real guarantee period is. That "super cheap" quote you just got may only be guaranteed for half the length of your policy period.
Insurance Licensing Issues
Not all insurance sites are run by licensed agents - Many are simply lead generation operations. By selling your name and private information to multiple agents hopefully you'll get the best rate because these agents are competing for your business.
Very few insurance companies are licensed in all states - That super low life insurance rate you got from the "free instant quote" site might not be valid because the insurance company offering it may not be licensed to be business in your state. Less than 20% of those top 200+ are licensed in all 50 states, and they rarely have the lowest rate.
Rate Compensation Issues
Commissions paid to agents vary dramatically - Common sense dictates that the insurance companies with the lowest rates probably pay the lowest commission to the agent. Therefore the agent who paid good money for your name and information has a strong incentive to sell you a life insurance policy that is almost the lowest if he gets paid more.
How We Solve the Problem
We give you access to ALL the quotes. By using our services your have access to ALL the carriers and ALL their policies. Plus we make sure you totally understand what guarantees are attached to your contract.
We are licensed with all the top, low cost carriers - In the dynamic market of term insurance, companies adjust rates regularly. When we discover a solid company has lowered premiums and is the new leader of the pack, we contract with them.
We are a National Insurance Brokerage Firm - This means any agent who calls you is contracted with our organization. You can be assured the agent's background has been screened and that the agent exceeds industry standards. They can't work with us otherwise.
Our organization mandates customer satisfaction and service - Service to us is a simple concept.... Do more than expected before AND after the initial transaction. We work directly with the insurance company's underwriters on all cases, communicate in a timely manner with all applicants, and always, always, put the customer first.
Your decision to select Term Life Insurance 4 Less to get your life insurance quote was a wise one. Put us to the test. The process is simple and straightforward. It is quite likely that not only will you save 50% to 70% compared to what you are paying now. You could also almost double the time frame that your rate will be guaranteed.
At Term Life Insurance 4 Less, you'll discover an easy to use, information packed web site. Click here to get your term life insurance quote process started.
TermInsurance4Less.com
3990 Avalon Park West Blvd
Orlando, FL
32828
Toll Free: 888-394-0971
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