Simply getting a quote on-line at a website does not mean that is what the cost of your life insurance will end up being once you submit your application and go through the underwriting process. Some people say life insurance is bait and switch kind of situation, right? No, it’s not. You have to go through underwriting to get the final cost and to determine the rate class that a life insurance company will offer you.
Remember, buying Life insurance is not like buying an airline ticket on Kayak. Although you can get quotes online, remember life insurance is a product that you have to qualify for. You have to submit an application and go through the underwriting before a final cost will be ultimately be determined.
If you have health challenges and you are considered high risk determining the cost before you apply will make things even more of a challenge. Yes you can get a ball park figure, but until the result of the exam are in and you medical records are reviewed it will make it difficult to get you a exact cost. You can see the average cost of term life insurance on our quote engine at any time and we are the only life insurance agency to show the consumer every price at every rate class.
Working with a good agent who knows exactly what questions to ask and one who has experience field underwriting should be able to get you an average cost of life insurance per month assuming their are no surprises during the underwriting process.
We have created a high risk life insurance guide where you can learn even more about what you’re up against and how your impairment could effect the cost if you have a preexisting condition.