Nerdwallet was founded in 2009. The website helps consumers review and compare products that are available from various banks and insurance companies. Product information is available for:

Credit cards
College Loans
Banking
Mortgage Loans
Stock Trading
Insurance Policies

Here’s What You Need To Know About NerdWallet Life Insurance

Nerdwallet has many business relationships with banks and insurance companies. The website receives compensation from fees it receives when it matches users with a company’s financial products and services. For example, sometimes they receive compensation when someone clicks to apply, or gets approved for a financial product.

When you request a term life insurance, whole life insurance, or universal life insurance quote from Nerdwallet, you will be redirected to another website called Quotacy.

Quotacy is backed by Hallett Financial Group, Inc.

Hallett Financial Group, Inc is a full service multi-carrier independent insurance brokerage agency.

The Process of Buying NerdWallet Life Insurance through Quotacy

Step 1. Enter basic information on the Quotacy life insurance website.

Zip Code
Gender
Birthday
Do you smoke? Y/N

The website automatically gives you a price for a $500,000 20 Year Term Life Insurance Policy You can adjust the coverage amount and length of coverage and get different prices.

Note: You are not given the option to quote these products with available life insurance riders like a children’s term life insurance rider. You will have to speak to an agent to get the cost with any additional riders.

Step 2. Compare Policies

You will be asked the following questions…

Height & weight?
Do you use any form of tobacco or nicotine?
Do you take blood pressure medication?
Do you take cholesterol medication?
Has any parent or sibling been diagnosed with or died from heart disease, diabetes, or cancer?

Once you click on the “Choose a Policy” button, you will be provided with a list of the top Nerdwallet life insurance company quotes sorted by price.

If you like a quote and click on the “Choose” button you will be required to register with Quotacy.

Step 3. The Application

Once you create your Quotacy Life Insurance account, the quote will be confirmed.

After you click on the “Start Application” button…

You will need to provide the following to complete the online application…

Name
Address
Years at this address
Phone
Email
State or country you were born
US Citizen?
Married?
Employer
Occupation
Years at this job
Annual Income
Any other income?
Net Worth
Do you already have life insurance?
Other than with Quotacy, do you have any other life insurance applications pending?
Have you ever been declined for life insurance?
Are you in the military?
Any plans to travel or live outside of the U.S.?
Ever participated in hazardous activities? (Skydiving, scuba diving, climbing, motor vehicle racing, etc.)
Are you a pilot or student flying private aircraft?
Ever been convicted of or pleaded no contest to a felony?
Do you currently drink alcohol? If no, but you used to drink, tell us when and why you quit.
Do you currently use marijuana or THC?
Have you ever been to drug or alcohol treatment?
Any DUI/DWI or moving violations in the past 5 years?
Has your driver’s license been suspended in the past 5 years?
Please explain any other driving, drug or alcohol related incidents.

Yes or No – Have you been treated for…

ADD/ADHD
Alcoholism or Drug Use
Anxiety
Arthritis
Asthma
Blood Disorder
Cancer
Chest Pains
Colitis
Crohn’s
Dementia / Memory Loss
Depression
Diabetes
Heart Attack
Heart Disorder
High Blood Pressure
HIV / AIDS
Kidney Disorder
Lupus
Prostate Disorder
Respiratory or Lung Disorder
Seizures
Skin Disorders
Sleep Apnea
Stroke / TIA
Suicide Attempt
Thyroid Disorder
Tumor / Mass / Lump
Are you currently taking any medications?
Any other health condition that might effect your life expectancy?

Please provide details below for any “Yes” answers.

(Include date of diagnosis; description of how it is (or was) being treated; current status of condition; and any other information you can provide.)

Once you finish answering the questions on the online application…

The confirmation email received after the online application was completed…

Your application has been received.

Thank you!

The team here at Quotacy wants to thank you for starting the life insurance application process with us. You’re doing a great thing!

From here we’ll do what we do best, which is to get you the best life insurance plan, at the lowest price possible, while keeping you informed every step of the way.

Next Steps:

Your point of contact, a licensed agent, will introduce themselves in a personal email. Next our underwriting team will review your submission and cross check the insurance company’s guidelines to make sure we’re matching you with the best carrier based on your unique lifestyle characteristics and health history.
If based on your unique lifestyle characteristics and health history we find that a different insurance company would be a better fit for you, we will contact you to present the alternate options immediately.
Once we agree that we’ve found the best option, we will email an overview form of your quote and the answers you’ve provided through a secure program called DocuSign to check for accuracy. On this DocuSign form we will also gather any sensitive information required to submit your formal application to the insurance carrier. Once submitted it will initiate a phone call from the insurance company within 24 hours to verify your information and schedule your free insurance exam.

Have questions? Reply to this email, or call us at (844) 786-8229 Monday – Friday from 8:00 AM – 5:00 PM Central. Our licensed agents are happy to answer your questions. Thank you for choosing Quotacy.

Frequently Asked Questions About NerdWallet / Quotacy Life Insurance

Is it okay to buy life insurance Nerdwallet / Quotacy?

YES. Nerdwallet life insurance – thru Quotacy life insurance – represents all the top-rated, most competitive life insurance companies in the market.

Is Nerdwallet / Quotacy gonna get you a better price on your life insurance?

NO. The truth is the majority of life insurance brokerage websites, including this one, SELL THE EXACT SAME COMPANIES AT THE EXACT SAME PRICE. There are no better “deals” elsewhere.

Does Nerdwallet / Quotacy have good customer service?

YES. They are very efficient in handling the life insurance application/underwriting process. HOWEVER, as with most life insurance brokerage websites, they tend to call and email you too much if you review the quotes and do not actually buy.

Are there any customer complaints about Nerdwallet Life Insurance?

YES. Check out the Better Business Bureau. However, there are few complaints relative to how many users the website has. There are no complaints about Quotacy Life Insurance with the BBB.

Is the Nerdwallet / Quotacy website good, safe, and reliable to use when buying life insurance?

YES – The website is full of informative articles on a variety of financial and estate planning subjects. The information is relevant/reliable and their platform is safe and secure.

What is life expectancy?

Life expectancy is the statistical expectation of how long someone will live at birth based on a number of factors such as socioeconomics, demographic, geographic, thermographic, stenographic, idiographic, and historiographics.

The Bottom Line

It is okay to buy your life insurance through Nerdwallet / Quotacy. They provide an excellent way to secure valuable life insurance protection.

However, keep in mind, you can secure the exact same valuable life insurance protection, here —and on most life insurance brokerage sites— so, although their website is excellent, they do not provide anything particularly unique when it comes to life insurance companies or products.