InsureRate Offers Term Life Insurance Products on Internet

HomeCom Communicationsany%> has announced that its InsureRate subsidiary is preparing to add term life insurance products to its site. The first term products will be from two life insurance companies owned by GE Capital: First Colony Life, headquartered in Lynchburg, Virginia and American Mayflower Life, headquartered in New York. These products will be offered on the InsureRate web site in early May.

"These two companies give us excellently rated term insurance products with extremely competitive rates," stresses Jerome R. Corsi, Ph.D., president of InsureRate. "The consumer will have a wide choice of alternatives from yearly renewable term to term with fixed level rates for a duration of 5, 10, 15, 20, 25 or 30 years. These term offerings are among the best in the industry."

Harvey Sax, founder and chairman of HomeCom Communications, adds, "InsureRate plans a very ambitious program of populating its site with a wide range of annuity, life insurance and term products over the next 3 months. We aim to have over 200 term life insurance choices, offered by a number of the life insurance industry's premier companies. InsureRate aims to offer the Internet buyer a superior choice of top quality insurance offerings from which to choose the best fit for their particular coverage and pricing needs."