Had a funny discussion with a client who just wanted a realistic sense of what their new life insurance policy would cost. They had the unfortunate experience of getting a very optimistic quote from an agent and applied and the policy ended up costing twice as much. This is why it is important to make sure the quote is realistic and has all factors considered. A lot of quotes given will not factor in underwriting factors such as health, medication, dangerous avocations, other risks, etc.
We try to make sure we understand all of the circumstances in play before we give any pricing information. On top of that, we shop many life insurance companies for our clients and some underwrite more favorably for different circumstances. With that being said, it is impossible to know 100 percent what the actual premium will be until underwriting is done. Many clients have not realized they had a certain medical condition and then found they had it once they did the medical exam.
All term life insurance and permanent insurance quotes are all pending underwriting. Make sure when you get the quote that everything is factored in, or you might get a big and disappointing surprise.