DARIEN, Illinois (July 20, 2021) – LifeQuotes.com, the online insuretech that offers comparative quotes from 40 leading life insurers and allows customers to purchase from the company of their choice, today announced reaching 100,000 customer service reviews with an average star rating of 4.65 out of 5. LifeQuotes.com invites customer feedback after every telephone consultation with both licensed and unlicensed staff.
Jennifer R. of Thibodaux, LA summed it up nicely, “Informative, professional, direct.”
“We’re standing ten feet tall here at having reached 100,000 positive customer reviews regarding the quality of our telephone customer care,” said LifeQuotes.com vice president, Michelle Zieba. “It’s gratifying to see such positive results born of the efforts by our salaried agents to whom the credit for this extraordinary achievement is owed.”
The LifeQuotes proprietary technology enables anonymous quoting, a comparative selection of 40 insurers’ rates with underwriting guidelines disclosed, instant-decision underwriting and online buying capability all backed by caring, salaried telephone specialists who are trained to assist and inform without any sales pressure.
Other unique attributes of the LifeQuotes.com platform include automatic quoting of Final Expense, Term Life, Whole Life and Universal Life, no-exam underwriting, and the disclosure of actual underwriting guidelines so that people with health histories can better understand, up front, the expected final price.
Zieba continued, “One powerful benefit of our 40-company database is that we can welcome life insurance shoppers who have health histories, including those who were rated up or declined elsewhere. Common conditions we see are diabetes, recovering cancer, heart disease, anxiety and sleep apnea. In today’s competitive market, many insurers will award their best rates to somebody who has mild hypertension or elevated cholesterol. And some of the plans on our platform ask no health questions up to $100,000.”
Owners of term life insurance policies are reminded that their policies might contain the right to convert all or part of their term life policy to a permanent policy with no health questions or medical exam.
Having an adequate amount of life insurance in place is important and everybody’s situation is unique. Here are some LifeQuotes.com guidelines:
For people who work and have dependents, children or a mortgage: 10-15 times annual income
For burial-only coverage: $10,000-$25,000
Instant decision term life plans soar in popularity
The chart of sample monthly premiums below reveals the best possible monthly prices for a 10-year, instant decision level term life policy. Most 10-year term life policies are renewable, without evidence of insurability, to age 90+ and may be convertible to permanent insurance without having to undergo further underwriting. Other initial rate guarantee periods such as 15, 20, 25, 30 years and longer are also available as are Universal Life and Whole Life, both of which can provide a level death benefit and level premiums for life.
Instant Decision Sample Rates, 10 Year Term
Female Monthly Rates
Age
$100,000
$250,000
$500,000
$1,000,000
20-35
$8
$9
$13
$23
40
$9
$13
$19
$30
45
$11
$16
$25
$45
50
$14
$24
$39
$73
55
$19
$33
$54
$101
60
$26
$52
$98
N/A
Instant Decision Sample Rates, 10 Year Term
Male Monthly Rates
Age
$100,000
$250,000
$500,000
$1,000,000
20-35
$9
$10
$15
$25
40
$10
$12
$19
$33
45
$12
$19
$28
$51
50
$17
$28
$49
$87
55
$23
$41
$73
$135
60
$40
$81
$158
N/A
Instant Decision Sample Rates, 20 Year Term
Female Monthly Rates
Age
$100,000
$250,000
$500,000
$1,000,000
20-35
$9
$12
$18
$35
40
$10
$15
$24
$50
45
$14
$22
$39
$76
50
$21
$37
$65
$119
55
$30
$56
$95
$175
60
$49
$105
$212
N/A
Instant Decision Sample Rates, 20 Year Term
Male Monthly Rates
Age
$100,000
$250,000
$500,000
$1,000,000
20-35
$10
$14
$22
$41
40
$11
$17
$27
$60
45
$16
$28
$49
$100
50
$25
$42
$79
$162
55
$39
$78
$129
$238
60
$71
$151
$306
N/A
Instant Decision Sample Rates, 30 Year Term
Female Monthly Rates
Age
$100,000
$250,000
$500,000
$1,000,000
20-35
$14
$21
$34
$61
40
$17
$27
$48
$89
45
$23
$39
$71
$135
50
$36
$70
$125
N/A
55
$56
$112
N/A
N/A
Instant Decision Sample Rates, 30 Year Term
Male Monthly Rates
Age
$100,000
$250,000
$500,000
$1,000,000
20-35
$16
$24
$41
$73
40
$22
$33
$60
$112
45
$30
$47
$90
$176
50
$47
$94
$168
N/A
55
$75
$151
N/A
N/A
The sample premiums shown above assume that the applicant is in good health and has no ratable medical issues. Applicants with pre-existing medical issues can view instant quotes at www.lifequotes.com. Customers who want quotes and advice by phone can talk to our licensed specialists by calling (800) 556-9393.
2023: LifeQuotes.com celebrates 2,300 Google Reviews averaging 4.8 Stars
"Life Insurance Innovation" award winner... Life Insurance Direct Marketing Association
"The premier Web site in terms of details and ease of use..." -- Yahoo! FINANCE
Twice Ranked #1 life insurance website by Kiplinger's
Named a "100 Most useful website" by MSN Money
Past Winner: Forbes' "Best of the Web"
"The best website I've found..." -- Dallas Morning News
"...we'd recommend you do your insurance shopping here..." -- Barron's
"...outstanding - as good as a Web site on insurance can possibly be. Hats off and a gold star to the top insurance site on the Web." -- Insurance for Dummies
Survey Methodology
Fifty leading life insurers rated “A” or better were polled as to how they underwrite breast cancer survivors for a California resident. Rates may differ in New York. Life insurance policies described, quoted, shown and illustrated throughout this press release may not be available in all states. Banner Life Insurance Company, Urbana, MD, policy form ICC08-LIA, and William Penn Life Insurance Company, Garden City, NY, policy form LIA-WP, both Legal & General America companies; Haven Life, a subsidiary of Massachusetts Mutual, Springfield, MA, policy form ICC19PCM-SI 0819; Pacific Life Insurance Company, Omaha, NE, policy form ICC18 A18LYAP Protective Life Insurance Company, Birmingham, AL, policy form ICC12-400 and Protective Life and Annuity in NY under policy form PL-400- NY; Pruco Life Insurance Company of New Jersey, Newark, NJ, policy form ORD 96200-2010, member companies of Prudential Financial, Inc., Newark, NJ; The Savings Bank Mutual Life Insurance Company of Massachusetts, Woburn, MA, policy form ICC17-A-91 (SBLI and The No Nonsense Life Insurance Company are registered trademarks of The Savings Bank Mutual Life Insurance Company of Massachusetts, Transamerica Financial Life Insurance Company, Harrison, NY, policy form APA 40NY- 107 and Transamerica Life Insurance Company, Cedar Rapids, IA, policy form APA401008T, both AEGON companies.
About LifeQuotes.com
LifeQuotes.com operates an Internet-based life insurance exchange at www.lifequotes.com. The company also provides private label, co-branded life insurance technology and fulfillment services to insurance companies, financial institutions, affinity groups, banks, credit unions, property & casualty agencies, trade associations, and other affinity groups with large customer bases. The company’s proprietary technology provides instant quotes and illustrations from 50 leading life insurers and enables a quick, paperless purchase process . More than 400,000 people have purchased policies through LifeQuotes.com since the firm’s founding in 1984. Visit lifequotes.com for more information or to explore the life insurance quoting experience online.
