What Is Select Term Life Insurance?
- 1313 POINTSview profileLenny RobbinsPrincipal, LifeNet Insurance Solutions, Redmond, WAThe term "select" when dealing with any type of life insurance is meaningless. There are internet sites that have that word in their name, perhaps because they have already determined which companies to offer coverage from. This is just advertising but with no real value for the consumer, on the internet or off.Answered on May 2, 2014flag this answer
11498 POINTSview profileJason GoldenzweigCo-Founder, TermInsuranceBrokers.com, Goldenzweig Financial Group, Las Vegas, NevadaThe same thing as regular life insurance. There is no specific type of life insurance category that this refers to. Some carriers and websites use it in a product's title or description. As Lenny noted, it's more of a marketing & advertising ploy than anything and doesn't hold any value real value for the consumer.Answered on May 7, 2014flag this answer
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