[ad_1] — Bestow specializes in term life insurance coverage for adults ages 18 to 60. — Policies from Bestow are underwritten by an A+ rated carrier. — Premiums for term life insurance from Bestow can cost as little as $10 per month, and coverage amounts range from $50,000 to $1.5 million. — Terms are available from 10 to 30 years, and you can get an accurate, online quote in minutes. LEARNMORE Term life insurance is a popular option for working families, and it’s easy to see why so many people invest in this type of coverage. Customers can tailor a term life insurance policy to their needs by choosing the policy amount and how long it lasts. Term life insurance is also much more affordable than permanent coverage, and you can often get approved without a medical exam. If you’re in the market for term life insurance, Bestow is a top provider to consider. This company lets you purchase term life insurance online in a matter of minutes, and you won’t have to endure time spent on a medical exam. Premiums can also be incredibly affordable (starting at $10/month), and you can secure up to $1.5 million in term life insurance that lasts for 10 to 30 years. Life insurance is a crucial component of any financial plan, so it’s smart to study up on the best life insurance companies and all they have to offer. This comprehensive review explains Bestow’s policy offerings, how this company works, and who it’s best for. About the Company Founded in 2016, Bestow is one of the top providers of term life insurance without a medical exam. As a specialized term life insurance provider, Bestow doesn’t sell other types of life insurance to consumers. Its policies are underwritten by North American Company for Life and Health Insurance® which has an A+ rating. It’s also reinsured by highly-rated Munich Re. This offers customers the security of knowing that if they ever have to file a claim with the insurer, Bestow can follow through. Bestow operates entirely online for added convenience, and consumers can get an online quote in a few minutes without the pressure of working with a life insurance salesperson. Bestow Products and Services Bestow is a specialized life insurance company that only offers one kind of coverage. It’s not for everyone, but it does offer a life insurance product that’s easy for consumers to purchase and understand. Term Life Insurance Term life insurance from Bestow can last for anywhere from 10 to 30 years, and coverage amounts are available from $50,000 to $1.5 million. Potential customers can tailor their coverage to their unique needs, buying only the amount of coverage they want. When requesting a quote, customers don’t even have to provide many personal details. Simply get started by clicking on “get a quote” and entering simple information like your gender, birthdate, height, weight, and zip code. Once you enter these basic details, you will receive an instant quote for term life insurance coverage. However, you get the chance to tailor your policy from there, either by increasing or decreasing the coverage amount or switching the length of your policy. If you’re happy with your term life insurance quote, click “next” to fill out a full life insurance application. If approved, your term policy will begin without a requirement for a medical exam. Unique Features Since Bestow only offers term life insurance coverage, its policy offerings aren’t complicated at all. Here are some important features to know: Bestow offers a referral program for current policyholders. This program lets you earn a gift card for each friend you refer who purchases a life insurance policy. Bestow customers can refer up to 10 people total. Bestow offers accelerated underwriting. Its online, hassle-free life insurance doesn’t require a medical exam of any kind. Instead of medical exams, it approves you for a policy based on advanced algorithms and proprietary data. Bestow offers a 30-day money back guarantee. If you’re unhappy with your policy and you cancel within 30 days, you’ll receive a refund of premiums paid. Who Bestow Is Best For Bestow is an excellent choice for consumers who want to buy term life insurance coverage with minimal hassle. Since you can enter some basic information and get coverage without spending the time undergoing a medical exam, Bestow’s offerings are ideal for busy, working people. Note that Bestow policies are only available to individuals who are ages 18 to 60, and people with a felony conviction aren’t eligible for coverage. Also Bestow’s doesn’t offer the option for riders, so you consider other options if you want to tailor your policy with riders for accidental death, an accelerated death benefit or anything else. Bestow Is Best For: Consumers ages 18 to 60 who are eager to buy life insurance with minimal hassle and stress People who want term life insurance coverage that lasts for a specific timeline, such as their working years Anyone who wants to buy life insurance without dealing with a life insurance agent Consumers who are comfortable handling important aspects of their finances online Bestow vs. Other Online Life Insurance Companies Although Bestow is unique in that it offers online-only term life insurance coverage, it’s not the only provider in this space. Quite a few other startups offer similar coverage options with the same hassle-free online quoting system. If you’re definitely in the market for term life insurance coverage, but want the best premiums, make sure to get a life insurance quote from at least two to three different companies. Bestow Haven Life Ethos Available Policies Term Life Insurance, 10 to 30 year terms Term Life Insurance, 10 to 30 years Term Life Insurance, 10 to 30 yearsGuaranteed Issue Whole Life Insurance Coverage Amounts $50,000 to $1.5 million $100,000 to $3 million $100,000 to $1.5 millionGuaranteed Issue Whole Life Insurance up to $25,000 Medical Exam Required No Not always Not always Money-Back Guarantee Yes No Yes What To Know About Term Life Insurance Before
