DARIEN, today announced that term life insurance rates have again fallen to all-time lows. Insure.com tracks the rates of 35 leading life insurance companies and provides an instant quote service for consumers.
Despite widespread turmoil in the financial services markets, life insurance buyers can be confident that they are still getting lower-than-ever rates. In fact, there's no better time than now to protect your family financially through life insurance protection.
"We are still seeing term life premiums being driven down by competition in the marketplace," said Phil Young, Market Reporter for Insure.com. In the last several months, several highly rated companies such as Transamerica, Genworth and Savings Bank Life of Massachusetts have effected rate reductions. In addition to lowered prices, some companies now also offer forgiving rates for certain health problems, and you have a mix that makes for some of the best opportunities in history for life insurance shoppers."
When buying life insurance, consumers are cautioned to pay close attention to the financial stability ratings. "Life insurers are closely watched by state regulators, who monitor their ability to pay claims," said Amy Danise, Editor of Insure.com. "Consumers who receive price quotes from high-rated companies can buy with confidence because the current system of state regulation of life insurers is working well."
Insure.com gives you instant quotes from up to 35 leading life insurance companies and includes the latest financial stability ratings from A.M. Best, Fitch, Moody's, Standard & Poor's and TheStreet.com with every life insurance illustration. Life insurance shoppers wanting free quotes or advice based upon their own criteria can call 1-800-556-9393 or visit http://www.insure.com.
Most common health conditions among life insurance buyers
All-time low term life insurance rates are available not just to healthy applicants but also to buyers with common health conditions. Insure.com research reveals that the most common health conditions among life insurance shoppers are:
-- Cholesterol. Almost every life insurer we track allows their best rates even if you receive treatment for elevated cholesterol, so long as your HDL ratio and total cholesterol levels are within range of their limits.
-- Blood Pressure. Today, many leading companies won't exclude you from preferred rates solely for having blood pressure that requires treatment, but they will require evidence of good, stable control and you must meet their systolic and diastolic blood pressure limits.
-- Height/Weight Ratio. Allowable maximum weight for a 6' male wanting to pay the lowest possible life insurance rates are a reasonable 207 pounds with Savings Bank Life of Massachusetts. If you take that weight up, say, to 215 pounds, expect to pay about 1/3 more.
Source:http://www.marketwatch.com/newsi
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