About Select Quote Life Insurance

SelectQuote, was started in 1985, and has main locations in San Francisco, California, and Leawood, Kansas. SelectQuote life insurance is considered an agency or broker, and not an actual life insurance company.

Select Quote is also considered an elite insurance agency based on the sheer volume of policies sold each year. SelectQuote.com is also an independent agency, and is licensed in 49 states.

As an independent agency, Select Quote reviews the prices from many different insurance companies. This is much better then working with an agent who only represents one primary company.

The company sells policies by providing free term life insurance rates and universal life insurance quotes to people across the United States.

Advantages of Working with Selectquote.com

Their are many people who can benefit from working with Select Quote’s core life insurance companies. Most of these companies offer great rates to people in excellent health needing basic term life insurance.

Most agents working at SelectQuote.com are well trained, knowledgeable, and polite.

They also have a fairly streamlined underwriting process for healthy applicants seeking life insurance.

In today’s busy world, applicants also appreciate convenience of conducting their insurance transaction exclusively by telephone compared to meeting with an agent in person.

Types of Selectquote Life Insurance

Before choosing any life insurance agency or insurance company you should make sure Select Quote reviews your life insurance needs.

It is important to for you to know your specific needs before determining which product is right for you.

Here are few questions that you should ask yourself before selecting the type of life insurance coverage you need:

How much life insurance do I need?

Are you covering for a specific need such as mortgage protection, income replacement, or only for final expenses?

Do you need coverage for a certain number of years, or do you alternatively need coverage for the rest of your life?

Do you need pure death benefit protection, or do your need a cash value too?

Once, you you have answered a few of these question you can better decide on which type of insurance policy is best suited for your family.

Select Quote Life offers both term and universal life insurance.While both of these offer you options for life insurance, they do vary slightly from each other.

You will want to make sure that you understand the basics of both before choosing the one that is right for you.

Select Quote term life insurance

Term life coverage can be tailored in duration to address needs such as protecting a mortgage, or protecting your income to your spouse.

Select Quote.com is known for offering most people quotes on term life insurance.

Most of the Select Quote term life insurance companies offer contractually guaranteed premiums for between 10 and 30 years.

Select Quote universal life insurance

Select Quote also offers universal life insurance which is designed to last your entire lifetime.

Your universal life insurance premium will be split into two accounts. One portion will be invested in your cash accumulation component which acts similar to a savings account with tax deferred growth. The other portion of your premium will be put into your insurance policy to pay for your actual death benefit.

Select Quote Life Primary Companies

Since, select quote is a life insurance agency, and not an actual life insurance company, they must represent several different life insurance companies.

So, after select quote reviews you initial application, the agent will normally submit your application to one of the following life insurance companies:

Steps to Receive Your SelectQuote Policy

Now, that you are familiar with your needs and the types of life insurance offered by Select Quote, you may feel comfortable enough to go online an select a quote suited to your unique needs.

When you go online to SelectQuote.com website, you will see a few options to Start Your Free Quote:

Speak to an agent

Fill out an online form

Many people choose the online profile hoping to obtain an instant insurance quotation. After all, if I select life insurance for the exact plan and amount needed, shouldn’t my quotes just appear online?

Not exactly! You will first need to fill out a detailed medical profile. Your medical profile consists of your overall personal health history, family history, driving record, nicotine use, dangerous sports or activities, and your contact information.

Please realize, you still will not get a quote immediately when you enter your medical profile and contact information.

Before this can happen, you will get a telephone call from an agent.

During your call a few details are typically addressed:

First, Select Quote reviews and verifies your information

Then, your agent will select a plan of insurance and death benefit

Your agent will also attempt to find the best insurance company for you

If you like the ideas presented to you, a medical checkup will be ordered

Upon approval, Select Quote reviews your offer with you

Finally, a policy will be mailed out to you