NU Online News Service, Sept. 21, 5:18 p.m. – Quotesmith.com Inc., Darien, Ill., a Web-based insurance broker, says the U.S. term life insurance market appears to be as competitive as ever.
A review of term life priced charged by 90 U.S. life insurers shows rates are lower than they were a year ago, Quotesmith.com says.
Quotesmith.com gives a $250,000, 15-year level premium policy as an example. The price for that coverage is now about 13% less than it was six months ago for all age groups between 35 and 75, the company says.