The information contained below is important in connection with purchasing insurance through Bomac Ventures, LLC dba www.MYQUOTE4LIFE.com. This web site makes available to you life insurance products provided by insurance companies whose responsibility it is to provide to us for use on the web site general and specific information about their respective products.
Insurance companies, as a general practice, provide general and specific information about the insurance products sold by them. The general and specific information provided by the insurance companies including, without limitation, rates which may be provided by fax, mail, e-mail, phone, on-line, or through any other communication are estimates provided by the respective insurance companies that such companies have determined generally depict the prices for the best rate classes available for various life insurance products that each such insurance company offers for sale and are the basis, as of the date of providing any such information, for comparison of life insurance products prepared for you by us.
While we believe the information provided to us by the insurance companies with respect to their life insurance products, as such information is made available to us by such companies from time to time and which is found on this web site, to be accurate, the life insurance industry, due to the impact of the economic environment, changes in life expectancies, and market conditions, is an ever-changing business and, therefore, is subject to both human and technology omissions or errors. We make every effort to recognize and minimize such mistakes. However, since the life insurance industry changes rapidly, which changes can affect rates, types of and benefits provided by products, medical underwriting experience, and such other components that make up insurance products or the issuance of insurance products, the accuracy of the information provided from time to time cannot be absolutely guaranteed. If you find an error or any inaccuracy, please inform us.
Insurance companies provide illustrations based on information provided to us by you and by the insurance companies. As a result, such illustrations, which contain rates for insurance products provided in such illustrations, are not firm quotes or offers, but are estimates based on such information provided to us by you and by the various insurance companies incorporated in the illustration. The availability and cost of any insurance product is subject to underwriting approval by the insurance company selected by you. Insurance companies develop their own respective criteria and requirements for issuing an insurance policy and the issuance of such insurance policy by any such insurance company will ultimately be determined based on those underwriting criteria. Such underwriting criteria may include, but not be limited to, medical, financial, family, personal and related information. Insurance companies issue insurance policies based on meeting such underwriting criteria which may result in you being issued an insurance policy at a "standard," "preferred," "preferred plus," or other rate as determined by such underwriting criteria.
Understanding life insurance is important when you are making your selection of a life insurance policy. Generally, the sale of life insurance products is governed by each state and the requirements, conditions, forms of policies will vary from state to state. Rates, plans, and availability vary by state. Rates on most level term life insurance plans will typically increase annually after the initial guarantee period ends. Initial guarantee periods vary, and typically range from 1 to 30 years, depending upon the product you select. Suicide, misstatement, and misrepresentation restrictions may apply. Availability of premium rates and policy forms may be changed by each insurer without prior notice.
If available, invitations for application for life insurance are made through Bomac Ventures LLC dba MyQuote4Life, Charlotte, North Carolina, only where duly licensed and appointed. Through Bomac Ventures LLC, we are currently licensed in most states and the District of Columbia. License numbers are available upon request and are automatically provided where required. Neither Bomac Ventures LLC nor any Insurance Company will sell insurance products in any state where it is not licensed.
In the process of providing information to you to make an informed decision, we may inadvertently provide you with information on insurance companies we do not represent or in states where we are not licensed. If so, such information should be disregarded (and treated as a clerical error) and you should seek a qualified, licensed, and appointed representative to assist you. We may provide other information such as premium rates, policy features, insurance company financial information or strength ratings, and/or other information about certain companies and products for which we are not appointed to sell. If so, we are providing this information as a courtesy so that you can make an informed decision and should not be construed as a solicitation or invitation for application for the sale of such products.
The process of applying for insurance coverage involves certain procedures about which you should be aware. You will make a request for an application form. The request is not an application for purchase of insurance, but rather is a request for an application. The application process my include direct contact by phone, email or other communication methods by us in connection with your request to purchase life insurance and to obtain or verify information given to us by you necessary for the purpose of providing an accurate illustration or quote and making application for the purchase of insurance. Any and all required illustrations, applications, supplemental forms, and other documents necessary to evaluate and/or apply for life insurance coverage will be provided as soon in the process as they become necessary.
When you fill out our quote request form you are explicitly initiating a relationship with us (as defined by the National Do Not Call Registry), inviting and consenting to the receipt of information by Bomac Ventures LLC and its affiliate partners (which may be provided to you online, by fax, phone, email, US Mail, etc.) and, as such, are indefinitely waiving any right to claim that we or our affiliates contacted you without your express consent. At any time we will immediately honor any request to be placed on our internal "do not contact" list.
Under Title V of the Gramm-Leach-Bliley Act, consumers have the right to limit the dissemination of nonpublic personal information. We respect your privacy. Bomac Ventures LLC maintains a strict policy against the dissemination of nonpublic personal information which may be found in the files of its clients and applicants and, unless and to the extent addressed, waived, consented to or otherwise covered in the information on this website or given in connection with your application for insurance through this website as is necessary or required in the application process and by the insurance companies, Bomac Ventures LLC does not disseminate such nonpublic personal information. We are trained and aware of the confidentiality of such information. However, consumers will routinely provide such nonpublic personal information to life insurance companies and related individuals including, but not limited to, their agents, wholesalers, and reinsurers, all of whom need this information in order to evaluate inquiries for the purchase of life insurance, provide accurate illustrations, and underwrite such consumer’s applications for coverage.
We strive to provide a high level of service to you. To meet your expectations, you understand that by filling out and submitting a quote request form, or application request form, you are granting Bomac Ventures LLC the permission to evaluate this information, and in it's sole judgment, to share such information with insurance companies, their reinsurers, wholesalers, and other related parties (including the applicant) as necessary for the purpose of shopping for, evaluating, making recommendations regarding, and/or underwriting any proposed or existing life insurance coverage. Any of your personal information that is nonpublic is not used for any other purpose.
Bomac Ventures LLC derives its revenue primarily through commissions earned from the sale of life insurance and other related products. The insurance industry is strictly regulated and extremely competitive. Commissions paid by insurance companies to brokers such as Bomac Ventures LLC are often similar. But they can and do vary from company to company. It is entirely possible that several competing products may be available at the same, or similar, pricing and that the sale of one of them may result in a greater or lesser total commission paid to Bomac Ventures LLC than the sale of another. We are serious about our commitment to deliver the best value to you. We believe that, in order to determine which product represents the best value, we must examine the price, features, financial strength of the insurance company, as well as the availability based on your individual profile. We are also acutely aware of the fact that, as a consumer, you have many choices as to where you buy anything, including your life insurance. If we don't provide you with the best overall value, we expect that you will find someone who will. Our success as a company depends upon our continuing to deliver a superior value to our customers. We appreciate your trust, and the opportunity to earn your business.
Except as may be provided in a properly-executed Conditional Receipt, during such application process, no coverage is in force until the insured has received the issued policy, paid the premium and completed any other policy delivery requirements that might be required by the insurance company. Bomac Ventures LLC is not an insurance company and, therefore, cannot cause coverage to be put in force other than subject to you meeting the above requirements established by the company through whom you are purchasing insurance. If there is any question, concern or ambiguity regarding this issue, please refer to the language on the insurance company's application form.
It is generally never a good idea to cancel existing insurance coverage until suitable replacement coverage is in force and, as such, Bomac Ventures LLC herein advises all proposed insureds not to cancel any existing coverage until they have received their new policy from the issuing company and found it to be satisfactory. Whether you are buying additional coverage or replacing existing coverage, it is important that you consider all aspects of your decision, seek appropriate financial, tax and other advice from your advisors, and make sure that the coverage is appropriate for your needs. In any event, do no cancel existing coverage until the new policy is approved, in force, delivered and paid for.
Free look on all policies: Bomac Ventures LLC provides 10 days (or longer if your state insurance laws specify) to look over any new policy and if, for any reason, you decide to cancel the policy within 10 days after receiving it, you will receive a full refund of all premiums paid, no questions asked.
This web site has been painstakingly designed with the intention of providing as much information as possible, to consumers who seek to educate themselves and make informed decisions about their life insurance. However, since each individual's situation is different, none of the information provided herein should be construed as legal, tax, financial planning, or other professional advice. Only after a thorough review of your individual needs and circumstances can specific professional advice ever be appropriately provided. The information in the website is provided "as is" and without warranties of any kind either express or implied. Bomac Ventures LLC hereby disclaims all warranties, express or implied, including, but not limited to, implied warranties of merchantability and fitness for a particular purpose, warranties of suitability, or otherwise.
To the extent created by Bomac Ventures LLC is responsible for the content of its advertising. Bomac Ventures LLC is not responsible for the method and manner of delivery of such advertising. We are not responsible for the advertising of any of our vendors, it being their responsibility for the method or manner used by any such vender to generate leads, including the serving/display of any advertisements, sending of mail, email, or telemarketing and the determination by such vendors that such method, manner and content are legal and do not violate the state or federal laws in the jurisdiction in which they are delivered. Our advertising vendors validate that all email is sent to 100% opt-in lists, and may be required to provide evidence of customer opt-in if a complaint arises. Our advertising vendors bear full liability for damages awarded and the reimbursement of Bomac Ventures LLC's legal costs as a result of any legal action brought as a result of violation of any local, state or federal laws regarding the method and manner of the delivery of the message by themselves and their affiliates Bomac Ventures LLC endeavors to abide by all local, state and federal laws regarding the content and delivery of electronic advertisements displayed to customers. We do this through third party providers and their affiliates and do not directly supervise or control their ultimate compliance with these policies.
The information contained in this website is published at Charlotte, North Carolina, for some, but not all the residents of the United States of America. The content herein should be deemed to be published by Bomac Ventures LLC, and not any other party, including any particular Insurance Company(s). In no event shall Bomac Ventures LLC be liable for any direct, indirect, special, incidental, or consequential damages arising out of, nor is Bomac Ventures LLC making warranties of any kind either express or implied related to the use of, the information herein.
Bomac Ventures LLC is not obligated to monitor any transmission made to or through any of the pages contained on or websites linked to or through this website. However, Bomac Ventures LLC may, and has the right to, monitor such transmissions and to use or disclose information gathered from this site. The name "www.MYQUOTE4LIFE.com,” and the www.MYQUOTE4LIFE.com logo are federally registered trademarks or service marks of Bomac Ventures LLC. All content, pages, data, and designs contained in this web site (with the exception of Insurance Company names and logos which are the exclusive property of the respective insurance companies) are copywritten by Bomac Ventures LLC and may not be copied or reproduced, in whole or in part, in any form without the express written consent of Bomac Ventures LLC.