4.5 Stars


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SelectQuote is an online independent insurance broker that helps consumers find the best life insurance options with price and policy comparisons. The company offers plans from respected, financially stable life insurance companies and has been in business for over 35 years. SelectQuotes online comparison tool is detailed and transparent, allowing customers to evaluate offers from several providers at once.

Editorial Breakdown

Policy Types

4 Stars

Coverage Options

4.5 Stars

Customer Service

4.5 Stars


4.6 Stars

Overall Rating

4.55 Stars

Bottom Line

Customers are happy with their SelectQuote experience, and you can get comprehensive term or whole life insurance up to age 85.

SelectQuote compares rates from top-rated life insurance companies like Mutual of Omaha Life Insurance Company, Pacific Life Insurance Company, and others to provide customers with affordable coverage. The company is licensed to sell insurance in all states except South Dakota. SelectQuote representatives receive a variable commission for every sale, but the company does not provide a commission breakdown by product to employees. This practice ensures that sales reps are not incentivized to oversell policies you don’t need.


  • High coverage amounts available
  • Blind-commission payment structure keeps agents focused on customer needs
  • Works with only highly-rated insurance companies
  • Free quotes for term policies and price comparisons


  • Not available in South Dakota
  • Applications can take up to seven weeks

SelectQuote Life Insurance Policies

SelectQuote sells whole life, guaranteed whole life, term, and universal life insurance but they have the most options for term policies. Term life insurance is a cost-effective way to protect your family’s finances once you pass on.

These policies are more affordable than other types of life insurance, and term life insurance can be an ideal life insurance option for seniors if they do not purchase it earlier in life. However, term life insurance is temporary, typically up to 20 years for seniors, whereas permanent life insurance offers lifetime coverage.

TypePolicy Details
TermMax issue age: 80
Policies types: N/A
Coverage amount: Up to $5 million
Medical exam: Yes
Simplified IssueMax issue age: 85
Policies types: Term life, whole life
Coverage amount: Up to $100,000
Medical exam: No
Guaranteed IssueMax issue age: 85
Policies types: Whole life
Coverage amount: Up to $25,000
Medical exam: No
Universal LifeAccumulates cash value through investments and interest
Premiums and death benefits are adjustable at the insured’s discretion
SelectQuote Life Insurance Snapshot

SelectQuote Customer Service

SelectQuote agents are available six days a week to help with quotes, answer questions, provide status updates on pending applications and answer specific policy questions. Agents are available from 8 a.m. to 8 p.m. CT Monday through Friday and 9 a.m. to 2 p.m. CT on Saturday. You can also email SelectQuote’s life insurance division.

SelectQuote also provides 24/7 online support, with articles and resources to help you make informed decisions on life insurance and understand the different types of policies available. The life insurance calculator can help you determine how much life insurance you need to provide financial protection for your loved ones after you’re gone. 

Keep in mind: SelectQuote is a full-service insurance company, so they also have policies for home, auto, Medicare Supplement, critical illness, accidental death and Medicare Advantage. Customers buy their insurance from SelectQuote, and the company continues to service the account instead of passing it off to the insurance carrier. 

SelectQuote Life Insurance Costs

Seniors can purchase term, whole life, or universal life insurance through SelectQuote. Retirement Living sourced sample quotes for senior term life insurance; monthly premiums range from $123 to $379 for $500,000 in coverage. (You can apply for up to $1 million in term life insurance.)

SelectQuote Rates65-Year-Old Male65-Year-Old Female
10-year term, $500,000$188$123
15-year term, $500,000$255$166
20-year term, $500,000$379$259

Life insurance costs will vary by many factors, including:

  • Your age
  • How healthy you are
  • If you take medications
  • Your lifestyle
  • Your gender
  • The life insurance company you purchase coverage from
  • The amount of coverage you choose

Term life insurance is the cheapest option, but older adults typically only qualify for 10, 15 or 20 years of coverage, depending on their age. You might have to complete a medical exam to determine your premium, though some insurance carriers featured with SelectQuote offer no-exam life insurance to healthy applicants 60 or younger. 

You can get two types of whole life insurance through SelectQuote: simplified issue and guaranteed issue. Simplified issue policies use a health questionnaire instead of a medical exam, and you can apply for up to $100,000 in coverage. This option is usually more expensive than no-exam life insurance. Guaranteed issue policies are the most expensive because there are no health questions or medical exams, and acceptance is guaranteed. However, you can coverage is capped at $25,000.

Universal life insurance is another option many choose to help supplement retirement. As with most investments, universal life policies carry risk because the cash value growth depends on the stock market. These policies typically require a medical exam but offer permanent coverage that can be cheaper than whole life insurance.

How to Buy SelectQuote Life Insurance

SelectQuote offers a free online quote tool where consumers can search and compare life insurance and other policies. Select a plan, then fill out an application online or call a representative to apply. The company will verify your information and schedule you for a brief, free medical exam, which is required to buy life insurance.

Submit your application with the initial premium payment after the medical exam, then wait for the approval. Your policy arrives in the mail, and you have 10 to 30 days to determine whether to keep the insurance. SelectQuote refunds your initial premium if you decide you don’t want the policy.

SelectQuote Life Insurance Complaints

Trustpilot gives SelectQuote a rating of 4.1 out of 5 after over 10,000 reviews, and customer reviews rate it high for excellent customer service, but some express frustration with the long application process. ConsumersAdvocate gives SelectQuote life insurance a 9.1 on a scale of 10, citing the company’s streamlined insurance buying process and best-of-the-best insurance carriers. 

The Better Business Bureau awards the company an A+ rating, though some published complaints report that SelectQuote was unable to provide a quote lower than offers they received from other companies. However, SelectQuote only partners with insurance companies AM Best rates an “A+” to “A-“, so quotes can be a little higher for some individuals. AM Best is an agency that assesses insurance companies’ financial strength.

SelectQuote Life Insurance FAQs

Are SelectQuote life insurance premiums and death benefits guaranteed?

Most of the companies working with SelectQuote offer guaranteed premiums and coverage, so your premium won’t change during the policy term. The death benefit does not fluctuate, either. Be sure to check the policy details, though, since some life insurance may not include these benefits. SelectQuote recommends that customers only consider fully guaranteed policies.

Does SelectQuote have a cancellation policy?

Most life insurance companies SelectQuote partners with offer a free look period after issuing your life insurance policy, usually between 10 and 30 days. If you no longer want the policy during the free look period, you can cancel it and get a full premium refund. You can also cancel your in-force life insurance policy anytime by contacting SelectQuote.

When does my SelectQuote life insurance policy become active?

In some cases, you’ll wait for your life insurance policy to go through underwriting and be approved after you submit your application. The approval process generally takes four to seven weeks. Some plans provide conditional coverage while you wait for final approval.

Does SelectQuote require a medical exam?

SelectQuote schedules a 15 to 20-minute exam for you with a contracted paramedic. This appointment can take place in your home or office at your convenience. The medical exam includes taking blood and urine samples, and the results get sent to the insurance company. Some applicants need additional tests, but the SelectQuote agent can guide you through the process.

Can I buy life insurance through SelectQuote if I have poor health?

Many people with health issues receive life insurance, but it depends on the underwriting company’s policy. SelectQuote works with several companies that specialize in insurance for individuals with health issues. A SelectQuote representative can help you figure out which life insurance plans are the best fit.


SelectQuote combines the technology behind online life insurance selection and quotes with impartial agents who can answer questions or work with insurance companies on your behalf. SelectQuote partners with only the most reliable and highly-rated insurance companies to provide consumers with a trustworthy variety of life insurance options.

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