DARIEN, Ill., Oct. 7 /PRNewswire-FirstCall/ -- Insure.com, Inc.
(Nasdaq: NSUR) 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.
The lowest life insurance rates in America
$250,000 Term Life Sampler
Female Annual Premiums
Age 10 20 30
YEAR YEAR YEAR
30 $108 $148 $203
35 $108 $150 $240
40 $130 $198 $308
45 $183 $303 $413
50 $250 $370 $585
55 $345 $585 $1,128
60 $495 $893 N/A
65 $738 $1,430 N/A
70 $1,080 $3,095 N/A
Male Annual Premiums
Age 10 20 30
YEAR YEAR YEAR
30 $108 $148 $228
35 $108 $150 $245
40 $130 $198 $335
45 $183 $335 $520
50 $250 $503 $768
55 $403 $765 $1,603
60 $623 $1,285 N/A
65 $1,250 $2,338 N/A
70 $2,053 $5,015 N/A
$500,000 Term Life Sampler
Female Annual Premiums
Age 10 20 30
YEAR YEAR YEAR
30 $155 $235 $325
35 $155 $240 $365
40 $200 $305 $495
45 $305 $475 $775
50 $435 $680 $1,120
55 $625 $1,090 $2,055
60 $890 $1,735 N/A
65 $1,355 $2,800 N/A
70 $2,100 $6,030 N/A
Male Annual Premiums
Age 10 20 30
YEAR YEAR YEAR
30 $155 $235 $385
35 $155 $240 $430
40 $200 $335 $610
45 $305 $610 $980
50 $440 $945 $1,475
55 $745 $1,470 $2,960
60 $1,185 $2,510 N/A
65 $2,425 $4,615 N/A
70 $4,055 $9,715 N/A
$1 Million Term Life Sampler
Female Annual Premiums
Age 10 20 30
YEAR YEAR YEAR
30 $230 $370 $550
35 $240 $380 $610
40 $320 $520 $820
45 $530 $875 $1,420
50 $755 $1,285 $2,100
55 $1,150 $2,085 $3,850
60 $1,705 $3,360 N/A
65 $2,660 $5,510 N/A
70 $3,980 $11,880 N/A
Male Annual Premiums
Age 10 20 30
YEAR YEAR YEAR
30 $230 $400 $670
35 $240 $410 $750
40 $330 $600 $1,150
45 $540 $1,150 $1,840
50 $810 $1,800 $2,830
55 $1,420 $2,870 $5,510
60 $2,270 $4,950 N/A
65 $4,490 $9,140 N/A
70 $7,305 $18,260 N/A
Market survey methodology
Insure.com polled 35 leading U.S. life insurance companies to find the
best rates available on the popular $250,000, $500,000 and $1 million term
life insurance policies. All companies examined have top-notch ratings,
meaning they are rated either 'Excellent' or 'Superior' by A.M. Best Company,
an independent rating organization. The sample applicants do not use tobacco
and range from 30 to 70 years of age. The tables above contain the lowest
possible rates found for 10-, 20- and 30-year level term life policies for a
sample California resident.
For example, in the case of a 40-year-old male in good health, a $500,000,
20-year level term policy would cost only $335 per year with Savings Bank Life
Insurance Company of Massachusetts, $345 with ING ReliaStar Life Insurance
Company, and $360 with Genworth Life and Annuity Insurance Company.
Notes to tables
Final premiums and coverage availability will vary depending upon age,
sex, state availability, hazardous activities, personal and family health
history. The sample, California non-tobacco use premiums shown above, may
include: American General Life Insurance Company, Houston, TX, form 07007;
Genworth Life and Annuity Insurance Company, Lynchburg, VA, forms 1420(96) et
al & 1421 et al; Lincoln National Life Insurance Company, Fort Wayne, IN, form
TRM5060; Minnesota Life Insurance Company, St. Paul, MN, form 00-410; Pruco
Life, Newark, NJ, form PLTIC-2007; Reliastar Life Insurance Company,
Minneapolis, MN, form 1177R; Savings Bank Life Insurance Company of
Massachusetts, Woburn, MA, forms B36 and B46 series; Transamerica Occidental
Life, Cedar Rapids, IA, forms 1-306 11-199, 1-304 11-199, and 1-334 11-199.
Actual policy forms may vary by state. California and Utah dba Insure.com
Insurance Services, Inc.: CA #0827712, #OA13858; UT #90093. Some premiums
shown may be graded premium life policies. Term life premium rates always
escalate after initial rate guarantee period. All sample rates shown are
effective Oct. 7, 2008, and subject to change, state availability or
withdrawal without notice.
About Insure.com
Originally founded in 1984 as Quotesmith Corporation, Insure.com owns and
operates a comprehensive consumer information service and companion insurance
brokerage service that caters to the needs of self-directed insurance
shoppers. Visitors to the Company's flagship Web site, http://www.insure.com,
are able to obtain free, instant car insurance quotes, instant life insurance
quotes, home, business and health insurance quotes from leading insurers and
have the freedom to buy online or by phone from any company shown. Insure.com
also plays home to over 2,000 originally authored articles on various
insurance topics and also provides free insurance decision-making tools that
are not available from any other single source. Insure.com generates revenues
from receipt of industry-standard commissions, including back-end bonus
commissions and volume-based contingent bonus commissions that are paid by
participating insurance companies. We also generate advertising revenues from
the sale of Web site traffic to various third parties. Shares of the
Company's common stock trade on the Nasdaq Capital Market under the symbol
NSUR.
SOURCE Insure.com, Inc.
