Term life insurance rates vary more than most people might imagine. Depending on the life insurance company you choose, you could end up paying a lot higher rates for the same policy.Surprisingly, many people will shop around for the best price on a toaster or a hotel room but when it comes to picking a term life rate that fits their budget, most don't want to do much searching. Part of the reason for that is probably how difficult it used to be to compare term life insurance rates. For example,.