Bestow

Bestow takes pride in making the application and acquisition of term life insurance quick and simple. That is one of the best life insurance corporations. Individuals between the ages of 18 and 60 can purchase policies with coverage ranging from $50,000 to $1.5 million. These policies have terms ranging from 10 to 30 years, in five-year intervals.

To receive a fast rate quote, applicants must submit some basic personal data on the Bestow website. They can submit an online application if they desire to continue. The application and approval process can be completed in a matter of minutes since there is no need for a medical checkup. Bestow has just one product, a term life insurance plan that provides benefits in the event that the insured person dies. On this policy, there are no available riders.

For those looking for a quick and simple way to purchase term life insurance online without having to undergo a medical exam, Bestow might be a good fit. For terms of 10 to 30 years, coverage amounts range from $50,000 to $1.5 million. However, only people between the ages of 18 and 60 may use it.

Pros:

• Coverage amounts range from $50,000 to $1.5 million
• No medical exam is required
• Approval can take just a few minutes

Cons:

• Policies are limited to individuals ages 18 to 60
• No additional riders or policies are available to supplement coverage
• Term limits max out at 30 years

Founded: 2016

Revenue: $137.5M (2022)

Website: https://www.bestow.com/

U.S. News Rating: 4.3/5.0