Last Updated on April 22, 2021
5. HOW DO THE RATES COMPARE?
Insurers use “Underwriting guidelines” to decide whether to sell you a policy and how money much to charge you. However, these vary widely from one company to another, meaning that if you aren’t approved or are quoted unaffordable rates by one company, you may still have better chances with another company.
Just don’t forget to compare life insurance quotes among multiple competitors to have a better, larger view. Furthermore, when doing your research on several companies, keep in mind that different companies might have very similar names so you won’t confuse them.
