Being a shopaholic for life insurance isn’t easy, but we’ve come far from the days when we needed to knock on the doors of different agents/salespeople to get that perfect quote. Oh God, Bless the Internet! Now we can have hundreds of life insurance quotes under some millisecond. With the growing range of options, online life insurance companies have carved the way to receive quick insurance quotes through their easy process. However, it can still be confusing to choose a policy that ensures your and family’s security the best. Hey! Don’t worry! Because today we’ve got you covered by presenting hot ten life insurance companies which you might’ve been missing on. These companies make shopping for life insurance smooth through their quick process and quote guidance, and getting a quote doesn’t cut your pocket!
Best Online Life Insurance Companies
Making first on our list is Bestow, an online insurance company that gives you a platform to invest in short term and long-term options. By using technology, makes your paperwork easy and also eliminates the dependency to visit your doctor frequently. Currently offering a 10, 15, 20, 25 and 30-year level policy, anyone from 18 to 59 qualify to get a policy from this online life insurance platform. They claim to offer $500,000 for as little as $16 per month, with their maximum insurance mounted till $1,500,000. To know more, we definitely recommend you to check out the Bestow website!
Hereby, we shall present you Ethos, an original life insurance company, who were the first to introduce the concept of easy online life insurance through technology and annihilate the need for medical examination for most of their policies. The San Francisco based company offers a variety of life insurance policies ranging from 10 to 30 years. It offers policies without a medical exam up to $1,000,000 and larger policies with a medical exam. Get a quote from Ethos now!
Fabric is another online life insurance platform focusing on providing quality level term life insurance policies without a medical examination, only with other estate planning services such as wills. Individuals from the age of 25 to 60 can pay a premium as low as $6 per month and reap the policy value benefits mounting from $100,000 to $5,000,000. Fabric offers term lengths of 10-year, 15-year, 20-year, 25 year, and 30 years.
Another original term life insurance company, Haven Life aims at providing high-quality term life insurance at an affordable quote. They provide slightly longer applications than others, but they offer an excellent competitive rate to the public without any medical examination. Offering term life insurance up to $3,000,000 for adults under the age of 59, adults from 60 to 64 years should check out their term life insurance policy mounting up to $1,000,000.
One of the emerging companies in the online life insurance space, Ladder, aims to make life insurance easy for their customers. They offer a complete wide range of term life insurance options, providing a whole new experience in online term life insurance. You qualify for a term life insurance policy at Ladder if you’re between 20 and 60 years old, with offers mounting from $100,000 to $8,000,000, the highest seen so far. You can also avail of term lengths offer from 10 to 30 years.
At LeapLife, you can search, compare and get proper recommendations for personalized life insurance policy quotes at the best rate. Unlike other online life insurance companies listed, LeapLife not only offer low-cost level term life insurance online but offers you to purchase whole life insurance policies through their life insurance specialists. Moreover, they provide more customization to their customers than any other company listed.
This company isn’t directly an online life insurance company, but it’s a marketplace/comparison allows you to shop life insurance (or pretty all the insurance out there) super easily. They offer term life insurances mounting from $5,000,000 to $10,000,000 from 5 to 30 years. However, one must not forget that some of their policies are not totally online. Known for being one of the best online marketplaces, it has some online life insurance companies for comparison which only adds to your work but it’s always beneficial to compare and shop, so do check out their website to know more!
One of the oldest life insurance companies, Prudential offers every life insurance policy available in the market. However, only a handful of them are online. Prudential offers SimplyTerm, an online life insurance policy providing coverage up to $500,000. It’s available in 10-, 20- and 30-year terms, making it the least flexible and lowest maximum policy on the internet. However, Prudential recommends you to their agents for better guidance on their insurance policies, so do check them out!
Another online life insurance comparison tool was one of the earliest tools created for quick-term life insurance comparison online. It has an excellent customer service team and it offers a wide range of life insurance policies (beyond term). Even though they provide a comparison of many life insurance companies, they provide all the help you need for life insurance directly from their staff.