Spearheading the InsureTech revolution in life insurance distribution, LifeQuotes.com continues to delight customers with instant, anonymous quotes, a 50-company database, a content rich comparative rating engine and streamlined underwriting
DARIEN, Illinois (February 19, 2018) – LifeQuotes.com, the online life insurance price comparison service that offers understanding, simplicity and savings to beleaguered life insurance shoppers, has today announced that Leanne Bobo of Copperas Cove, Texas has become its 350,000th policyholder.
“We’re delighted to have Leanne on board as our 350,000th customer and even happier to hear that we were able to obtain coverage for her at a great price,” said LifeQuotes.com founder and CEO, Robert Bland. “Leanne is a perfect example of how we help people with health conditions secure life insurance. We’ve solved the problems of customer confusion and manual, time-consuming shopping by bringing to market proprietary technology that yields instant quotes that are custom-tailored to the customer’s individual health and lifestyle profile. Giving accurate quotes up front saves time and removes unwanted surprises later on.”
Leanne remarked, “LifeQuotes was great. My goals were to cover last expenses and have some money left over for my family. After being declined and rated up at other life insurance websites due to my health history, I was frustrated and confused. LifeQuotes.com gave me instant quotes, a significant savings compared to other insurance websites and an easy purchase process. My monthly premium came in under budget and I secured the coverage I was seeking from an A+ rated insurance company.”
Online Freedom
The LifeQuotes.com technology allows life insurance shoppers to obtain instant, comparative quotes from 50 leading life insurers ($5,000 to $25 million) on a private, anonymous basis and enables purchase from any company shown on a smooth, paperless basis. Today, 40% of LifeQuotes.com customers enjoy no-exam underwriting, which means they are able to skip the paramed exam. Quotes are available for both U.S. citizens and non-citizens.
More good news for life insurance shoppers. Rates are at or near all-time lows.
The chart below reveals current best prices for a healthy applicant with no ratable issues on a 10-year, medically underwritten, level term life policy that covers death by any cause, at any time, in any place, except for suicide within the first two policy years (one year in some states). Term life premiums rise after the initial rate guarantee period. Rates for 15, 20, 25, 30 years and lifetime are also available for instant viewing at www.lifequotes.com. Some term life policies allow conversion to permanent insurance without having to undergo further underwriting.
| 10 Year Term Life, Sample Monthly Premiums |
|---|
| Female Monthly Rates |
| Age | $100,000 | $250,000 | $500,000 | $1,000,000 |
| 18-35 | $7 | $9 | $12 | $19 |
| 40 | $8 | $11 | $16 | $25 |
| 45 | $10 | $15 | $25 | $42 |
| 50 | $13 | $20 | $34 | $61 |
| 55 | $17 | $29 | $52 | $95 |
| 60 | $23 | $42 | $76 | $140 |
| 65 | $33 | $67 | $124 | $300 |
| 70 | $58 | $108 | $200 | $374 |
| 10 Year Term Life, Sample Monthly Premiums |
|---|
| Male Monthly Rates |
| Age | $100,000 | $250,000 | $500,000 | $1,000,000 |
| 18-35 | $7 | $9 | $14 | $22 |
| 40 | $8 | $12 | $18 | $29 |
| 45 | $11 | $17 | $28 | $47 |
| 50 | $14 | $24 | $42 | $74 |
| 55 | $20 | $38 | $71 | $129 |
| 60 | $29 | $60 | $113 | $214 |
| 65 | $53 | $104 | $197 | $373 |
| 70 | $88 | $180 | $323 | $610 |
All of the sample premiums shown require a signed application, a paramedical interview, a review of the applicant’s medical records, and acceptance by each underwriting company.
