LifeQuotes.com Releases Survey of Available Life Insurance for Pregnant Moms; Here are the Lowest Possible Rates with Some Useful Advice

DARIEN, Illinois (November 4, 2019) – LifeQuotes.com, the life insurance price comparison service that offers customer-pleasing, anonymous, instant quotes from 43 highly-rated life insurers and allows customers to buy from any company shown, today released the results of a new life insurance survey that confirms the availability of life insurance at competitive prices for pregnant women.

“We have some excellent news for the 4 million pregnant moms each year who are faced with the decision to buy life insurance during their pregnancy,” said LifeQuotes.com founder and CEO, Robert Bland. “If bought early in the pregnancy, it’s often possible to lock-in the lowest life insurance rates available.”

Astute moms-to-be soon discover that the average cost of raising a child is $245,000 excluding college and that a college education 18 years from now is projected to hit $450,000 or more, bringing the total projected financial exposure to $695,000. Life insurance can be purchased to replace the loss of income should a family breadwinner die prematurely.

Great prices are readily available if you have no complications

Pregnant moms up to age 40 who show no signs of complications can qualify to receive the lowest possible life insurance rates. Most insurers stated that over age 40 is considered higher risk.

Assuming no other ratable health conditions, the chart of sample monthly premiums below reveals the best possible monthly prices for a 20 year, level term life policy. Most 20 year term life policies are renewable, without evidence of insurability, to age 90+ and may be convertible to permanent insurance without having to undergo further underwriting.

20 Year Level Term Life
Pregnant Female, No Complications, Monthly Rates
Age$100,000$250,000$500,000$1,000,000
18-25$8$11$16$24
30$8$11$17$26
35$9$13$18$30
40$16$26$45$83
45$21$38$69$129
50$28$54$99$188

If you have complications during the time you apply, expect most life insurers to postpone your application until some period after birth, typically six months. But some life insurers will issue a policy, albeit at a higher rate. One common complication is gestational diabetes, which significantly restricts the availability of life insurance and causes the price to rise. Gestational diabetes (also called gestational diabetes mellitus or GDM) is a type of diabetes that some women get during pregnancy. It’s a condition in which your body has too much sugar (called glucose) in the blood.

The following chart of rates shows the best possible monthly premiums for a 20 year, level term life policy on a pregnant woman that has been diagnosed with controlled gestational diabetes.

20 Year Level Term Life
Pregnant Female, Gestational Diabetes, Monthly Rates
Age$100,000$250,000$500,000$1,000,000
18-25$19$27$42$74
30$19$27$44$77
35$19$30$49$80
40$23$37$67$122
45$33$57$100$192
50$38$71$126$239

“Pregnant moms can benefit from our experience at having sold over 370,000 life insurance policies,” said Robert Goss, executive vice president. “The strategy for acquiring life insurance while you are pregnant is clear: buy it as early as possible in your pregnancy, before any complications have arisen.”

All of the sample premiums shown require full underwriting, which includes a signed application, a paramedical interview and a review of the applicant’s medical records, driving record and financial justification.

“Contrary to popular rumors, high quality life insurance coverage is available to pregnant women on the same terms as any other female applicant as long as there are no complications,” said Goss.

Instant, comparative life insurance quotes are available at www.lifequotes.com. Customers who want telephone advice and guidance can talk to our licensed specialists by calling (800) 556-9393.

Past Accolades for LifeQuotes.com

  • 2021: LifeQuotes.com Celebrates 1,000 Google Reviews Averaging 4.8 Stars
  • "2017 Life Insurance Innovation" award winner... Life Insurance Direct Marketing Association
  • "The premier Web site in terms of details and ease of use..." -- Yahoo! FINANCE
  • Twice Ranked #1 life insurance website by Kiplinger's
  • Named a "100 Most useful website" by MSN Money
  • Past Winner: Forbes' "Best of the Web"
  • "The best website I've found..." -- Dallas Morning News
  • "...we'd recommend you do your insurance shopping here..." -- Barron's
  • "...outstanding - as good as a Web site on insurance can possibly be. Hats off and a gold star to the top insurance site on the Web." -- Insurance for Dummies

About LifeQuotes.com

LifeQuotes.com is an insuretech pioneer that caters to self-directed life insurance shoppers at www.lifequotes.com. The company's innovative technology allows customers to instantly view quotes from 40 insurers and buy from the company of their choice on a paperless basis. The company's comparative rater also reveals underwriting guidelines for improved accuracy. More than 390,000 people have purchased policies through LifeQuotes.com since the firm's founding in 1984. According to Data Bridge Market Research, the insuretech market is expected to witness market growth at a rate of 42.4% in the forecast period of 2021 to 2028 and is expected to reach $46 billion by 2028.

Survey Methodology

Life insurance policies described, quoted, shown and illustrated in this press release may not be available in all states and certain terms may vary by state where required by state law. The supplemental policies described provide limited benefits and are NOT comprehensive health insurance or major medical insurance and they do NOT satisfy a person's individual obligation to secure the requirements of minimum essential coverage under the Affordable Care Act (ACA). For more information about the ACA, refer to http://www.HealthCare.gov. Policies examined include American Family Life Insurance Company, Madison, WI, policy form ICC14-LD10001; American National Insurance Company, Galveston, TX, policy form ART 12; Assurity Life Insurance Company, Lincoln, NE, policy form I L1702; Banner Life Insurance Company, Urbana, MD, policy form ICC08-LIA, and William Penn Life Insurance Company, Garden City, NY, policy form LIA-WP, both Legal & General America companies; Foresters Financial of Toronto, Canada, under form ICC16 770620; Haven Life Insurance Agency, Issued by C.M Life Insurance Agency, LLC, a subsidiary of Massachusetts Mutual Life Insurance Company (Mass Mutual) of Springfield, MA. Policy form # ICC19PCM-SI 0819); Lincoln Life & Annuity Insurance Company of New York, Syracuse, NY, policy form LEF06321-18_7-10, and The Lincoln National Life Insurance Company, Fort Wayne, IN, policy form LEF06321_5-12, both insurance company affiliates of Lincoln National Corporation, whose marketing name is Lincoln Financial Group; John Hancock Life Insurance Company (U.S.A) of Boston, MA 02117, on policy form number ICC16 2016TERM and John Hancock Life Insurance Company of New York, Valhalla, NY 10595, Minnesota Life Insurance Company and Securian Life Insurance Company of St. Paul, MN under policy number F76777-15; Pacific Life Insurance Company of Newport Beach, CA, policy form P16YLT. North American Company for Life & Health Insurance, Chicago, IL, policy form LS174; Penn Mutual Life Insurance Company of Horsham, PA, under policy form ICC13-LT; Principal Life Insurance Company of Des Moines, IA, under policy form ICC17 SN 104; Protective Life and Annuity, Birmingham, AL, policy form TI-15; Pruco Life Insurance Company of New Jersey, Newark, NJ, policy form ORD 96200-2010, me