"This allows the consumer to be better educated when selecting his or her rate class," says SecureLife president Steven P. Fishman.
SecureLife's quoting engine provides rate quotes for Preferred Plus, Preferred and Standard rate classes.
This variety of rate classes allows the consumer to receive a more accurate rate than the previous quote engine, Fishman
In addition to more accurate rates, an insurance calculator leads consumers through the process of determining how much life insurance they need, based on their income and assets, debts and expenses, and child support and college expenses.
Once visitors have determined how much insurance they need, SecureLife's
insurance quote feature provides them with price quotes customized for their circumstances.
The last months of 1999 are the perfect time to buy or change life insurance, according to Fishman
"Starting in the year 2000, Rule XXX will go into effect.
What this means for consumers, Fishman
says, is higher premiums and/or shorter term periods.
"The 20 or 30 year level term may no longer be offered," he
This change will have the greatest effect on the healthiest of clients (Preferred Plus and Preferred), Fishman
says, "because this large group of people already receives the lowest rates.