How to Shop for Term Life: Quotacy Edition
Quotacy defines themselves as, “A life insurance broker that helps you cast a wider net. In minutes, you can see prices and compare policies from top-rated life insurance companies all at once.” That being said, their services allow customers to have a wider view about different insurance companies and how their rates all compare. They are similar to Policygenius in this way. Continue reading to get a rundown on how to get quotes through Quotacy’s website!
STEP 1:
Find the “Get A Quote” Page
While going onto Quotacy’s website, you can simply click on the “Get Quotes” button, which leads you directly to the page illustrated above. After filling the information in, you press continue.
https://www.quotacy.com/life-insurance-quotes/#basic
(The quote in this example is for a 35 year old, 5”4, 140 lb female residing in New York in good health who does not use tobacco).
STEP 2: Pick Your Term Duration and Coverage Amount
After entering your personal information above, you are required to choose the amount of coverage and the term length that you desire. On average, people select the 20-year plan, and the $1,000,000 in coverage, which I did in this example. You can select any amount of coverage you need, which is illustrated above, with different possible term lengths. Coverage Duration and Coverage Amount affect the price of your premiums greatly. After your selection, you will press continue to allow Quotacy to ask you personal, health related questions.
STEP 3: Fill In Your Information
Quotacy now asks you a series of personal questions in order to correctly give you quotes that match yourself and your lifestyle. My answers for this example are illustrated in the screenshots above. These questions are based on your build, your tobacco/nicotine intake, your heart health, and your family history. This is to get a good feel about how your health is in order to match your rates correctly!
STEP FOUR: Get Your Quote!
After all of your information is filled out, you will receive a stack of different insurance companies which are listed by lowest price to highest price. This is incredibly helpful to help prospective customers understand which companies can fit their financial needs the best!
Using this step-by-step guide, you can now go get multiple quotes on Quotacy’s website!