{"id":7922,"date":"2023-12-30T19:17:06","date_gmt":"2023-12-30T19:17:06","guid":{"rendered":"https:\/\/businessyield.com\/ins\/?p=7922"},"modified":"2024-01-05T09:16:41","modified_gmt":"2024-01-05T09:16:41","slug":"selectquote-life-insurance-review-2","status":"publish","type":"post","link":"https:\/\/businessyield.com\/ins\/life-insurance\/selectquote-life-insurance-review-2\/","title":{"rendered":"Selectquote Life Insurance Review 2024"},"content":{"rendered":"

To help you decide if SelectQuote life insurance services are the ideal agency for you, we’ve compiled some helpful facts in this review. We’ve included some feedback from previous clients, a list of the brands they’re an official representative for, and an outline of their background.<\/p>

Selectquote Insurance <\/span><\/h2>

SelectQuote Life Insurance does not operate as a life insurance provider. Instead, it functions as an insurance sales agency that facilitates the acquisition of quotes from prominent life insurance providers, including Prudential and Protective Life. <\/p>

SelectQuote offers the opportunity to obtain quotations for both term and whole life insurance policies, enabling individuals to procure coverage amounting to $5 million. Nonetheless, SelectQuote does not offer universal or guaranteed-issue insurance. To avail of the policy above, it is necessary to submit an application for coverage with an alternative firm.<\/p>

The Inclusion of Selectquote in Recent News Coverage.<\/span><\/h3>

SelectQuote recently concluded a secondary public offering wherein equity shares were sold to existing owners. A total of more than ten million shares were sold in the public offering at a price of $27.50 per share. Certain selling investors have granted underwriters a 30-day opportunity to make additional purchases. Moreover, the opportunity afforded them the ability to purchase a maximum of 1,590,000 supplementary shares at the prevailing market price of $27.50 per share, subject to deductions for commissions and underwriting discounts. <\/p>

Selectquote did not engage in the sale of any shares of common stock; rather, it exclusively facilitated the sale of shares belonging to certain selling stockholders<\/a>. The corporation did not generate any revenue from the sale. There is no alteration in the quantity of common stock that is presently outstanding.<\/p>

Pros <\/span><\/h3>