Definition: The insurance quote life is a type of insurance policy where the insurer provides a fixed amount of money to the policyholder in exchange for insurance coverage. This money may be used for various purposes, such as purchasing insurance policies or repaying medical bills. In this context, "insurance quote life" refers to an insurance contract that allows the policyholder to receive a specific sum of money in return for certain services or goods provided by the insurer. The amount received is typically based on the value of the coverage and the cost of those services or goods, and may be expressed as a percentage or in other units of measure. The definition of "insurance quote life" can vary depending on the insurance policy, but it generally refers to an agreement between the policyholder and the insurer that allows them to receive a fixed amount of money for certain types of coverage.