Life Insurance Quote

A life insurance quote is the estimated cost of a life insurance policy based on information supplied by an applicant to an insurance company. To obtain a life insurance quote, an applicant is required to provide his/her age, gender and state whether they use tobacco. Mortality tables calculated by actuaries are used when calculating a life insurance quote. Health and family history are also commonly used in conjunction with these tables when processing a life insurance quote. It is standard practice for a life insurance quote to include written terms and conditions, for which a life insurance contract will be provided. A life insurance quote will state whether the insurance is term or permanent. Typically, insurance brokers or agents will obtain a life insurance quote on behalf of their customers. These representatives will shop one or more insurance companies to find the best price and coverage in a life insurance quote. A life insurance quote can also be obtained online.