Monthly <h1 class="article_title">Why do the term life insurance companies you show have prices that vary so much for the same coverage?</h1> <p><a class="in_text_link" href="/offers/life-insurance.asp">Life insurance</a> and <a class="in_text_link" href="/offers/term-life-insurance.asp">term life insurance</a> companies are businesses. They are all privately or corporately owned. One of their main goals is to make a profit so that the company can stay in business. They do this the way any business would generate profit: create a product people will buy and sell it for a price people will pay. Life insurance is an excellent product. With term life insurance or other types of life insurance you can protect the needs of <a class="in_text_link" href="/consumer-reports/circle-of-safety/protect-family-life-insurance.asp">your family</a> or <a class="in_text_link" href="/offers/key-man-life-insurance.asp">business</a>.</p> <p><em>Each life insurance company is run differently.</em> While many of them have similar products, each company must decide how much they can charge for a product to make a profit while still attracting customers. Most life insurance companies have very competitively priced products as well as non-competitively priced products. Some companies offer great life insurance rates for people over 50, or <a class="in_text_link" href="/offers/smokers-life-insurance.asp">for smokers</a>, but most companies don't offer excellent rates for all types of people.</p> <p>So when you get a <a class="in_text_link" href="/offers/term-life-insurance.asp">term life insurance quote</a>, you are receiving <em>the most competitive term life rates</em> for people like you, as well as other rates from great companies that don't necessarily specialize in insuring people like you.</p> <!-- Footer --> <div class="linkfooter"><a href="/life-insurance-faqs/list-all-questions.asp">List All Questions</a><br /> <a href="/life-insurance-faqs/common-questions.asp">Back to Frequently Asked Questions</a><br /> <a href="/life-insurance-information/">Back to Research Library</a></div> 2010-01-15T21:14:01Z Why do Term Life Insurance Coverage Rates Vary So Much 213 Frequently Asked Questions about Life Insurance companies and life insurance. insurance definitions, term life insurance definitions, glossary of insurance terms, life insurance terms term life, guaranteed rates, faqs, frequently asked questions, insurance, quote, insurance terms, insurance definitions, term life insurance definition, glossary of insurance terms, life insurance terms, insurance term definitions, mortgage insurance defi Why do the term life insurance companies you show have prices that vary so much for the same coverage? 5 true 39 2010-01-19T21:53:04Z life-insurance-faqs/term-companies-coverage.asp