The Actual Cost of Term Life Insurance

cost of life insurance by age

The Actual Cost of Term Life Insurance

Author: Bradley Steffens

The Internet has lots of information about the benefits of life insurance, but few websites tell how much life insurance actually costs. Each year, however, Insure.com surveys 25 leading insurance companies--those with A.M. Best Company ratings of A or A , called "Superior," and those with ratings of A or A-, considered "Excellent"--to find the lowest rates available for level term life insurance by age and gender. The latest survey was taken on November 12, 2007 and published on the website three days later. The results were positive for consumers: The price of life insurance continues to decline.

Part of the reason for the decline is competition. Websites that offer price comparisons are causing insurance companies to lower their prices to compete. It is a variation on the theme of the "when banks compete, ... http://insurance-auto.ucoz.com/news/cost_of_life_insurance_by_age/2013-06-22-3923