Business, Legal & Accounting Glossary
A term life insurance quote is an estimate of the price of a term life insurance policy. Insurance companies offer prospective customers a term life insurance quote when the customers are shopping around for a life insurance policy. Of course, that term life insurance quote is only an estimate that may change once the insurance company actually writes the buyer’s policy. A term life insurance quote may be based on several factors, including the amount of insurance and the length and type of policy a buyer needs. Other factors that a term life insurance quote may be based on are personal factors such as the buyer’s age, height, weight, use of nicotine, and general health condition. People thinking about buying life insurance should get a term life insurance quote from several different companies and compare each term life insurance quote. The Internet can be a good place to get a term life insurance quote from many companies at once.
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This glossary post was last updated: 5th February, 2020 | 0 Views.