Policy rate classification Archives - LifeQuote

Policy rate classification

November 26, 2018

Description of Underwriting Classes

Preferred Plus Preferred Standard Plus Standard Tobacco No tobacco or nicotine use of any kind in last 60 months No tobacco or nicotine use of any kind in last 24 months No tobacco or nicotine use of any kind in […]
January 7, 2010

Policy Rate Classifications

Life Insurance Rate Classification is Life Insurance Risk Classification: What does your life insurance rate really mean? All these classifications– with titles such as “Super Preferred” and “Standard Plus” – are used by insurance companies to categorize your risk of […]
December 24, 2009

How Do Life Insurance Rate Classifications Work?

Life insurance rate classifications are used by companies to classify people in different categories that essentially determine their risk of dying. The best category and lowest price is “Preferred Plus “, followed by “Preferred”. Prices keep rising with “Standard Plus” […]