Bestow Life Insurance coverage Overview From A Licensed Agent (January 2024)

We gave Bestow Insurance coverage an total ranking of 4.66 out of 5 stars, preserve studying to search out out why and to find what Bestow Insurance coverage is.

Bestow is a life insurance coverage service that was based in 2016 by a staff of finance consultants, tech specialists, and licensed brokers. They promote time period life insurance coverage insurance policies and they’re the blueprint in the case of buying life insurance coverage on-line.

Bestow Insurance coverage is number one in the case of:

The corporate affords as much as $1.5 million in protection and probably the most time period lengths of any simplified subject coverage.

Are they legit?

Bestow is backed by North American Firm For Life And Well being Insurance coverage and as of as we speak, North American holds an A+ (Superior) ranking with A. M. Greatest. North American has been round for over 100 years and was based in 1886.

In 2020 Bestow raised $50 million and in addition turned the primary absolutely digital life insurance coverage service within the U.S. after acquiring a service license.

So, yeah Bestow is fairly legit in the case of the life insurance coverage house.

100% On-line Utility

You may apply with out the necessity to speak with an insurance coverage agent. And that’s not all. Bestow affords as much as $1.5 million in protection and probably the most time period lengths of any simplified subject coverage.

Get Up To $1.5 Million In Protection

Bestow affords $50,000 to $1.5 Million in time period life insurance coverage protection with phrases of 10, 15, 20, 25, and 30 years. What else? They do it tremendous quick. Suppose accelerated underwriting.

You Can Be Insured Inside Minutes

You will get a quote in only a few seconds. Not like different on-line life insurance coverage suppliers, they underwrite the insurance policies they provide in-house with their very own expertise. And you’ll get prompt protection upon approval.

Let’s take a look on the phrases they provide.

We reviewed every of the 5 insurance policy supplied by Bestow. And we give you our professional opinion on which plan you need to select primarily based in your wants.

The ten Yr Plan

This coverage goes to be probably the most inexpensive choice with low pricing and shall be greatest for people who find themselves taking a look at their quick time period wants. A ten yr time period is a good start line and locking your low charges in goes to be important.

The 15 Yr Plan

This coverage goes to be the second-most inexpensive choice with low to mid pricing and shall be greatest for people who find themselves taking a look at their center to long run wants. A 15 yr time period is a good choice in case you are beginning a household or count on to have a child quickly. 

The 20 Yr Plan

The twenty yr time period life coverage shall be within the center in the case of prices between the 5 completely different choices; nevertheless, it’ll nonetheless be very inexpensive. The 20 yr time period size choice goes to be greatest for somebody targeted on their future and wish to be lined for an prolonged time period with the utmost quantity of financial savings.

The 25 Yr Plan

In relation to value, the premiums would be the second highest out of all of the choices. The 25 yr time period size choice is nice if you wish to lock in your financial savings and are attempting to guard a mortgage or a household with children going to school.

The 30 Yr Plan

In relation to value, the premiums would be the costliest out of all of the choices. Nonetheless, it is also going to lock your charges in for the longest and provide the most financial savings. The 30 yr time period size choice is nice if you wish to lock in probably the most financial savings and are attempting to guard your mortgage or household.

All Trigger Demise Profit

All of those insurance policies can pay out for all sorts of loss of life from unintended loss of life, terminal sickness, vital sickness or continual sickness. With all insurance coverage insurance policies, there are some limitations so make sure you learn the coverage for issues that are not lined.

As an illustration, there’s a 2 yr ready interval earlier than this coverage can pay out for loss of life by suicide.

Bestow life insurance policy begin at round $10.17 per thirty days for $250,000 in protection for a 33 yr outdated feminine and $14.96/month for a 33 yr outdated male. We cowl a number of Bestow life insurance coverage charges beneath:

In relation to prompt subject protection there isn’t any higher choice than Bestow.

As you may see, Bestow is true consistent with the pricing of all the highest life insurance coverage corporations.

However we have to be clear and inform you concerning the Cons as effectively:

Bestow Life Insurance coverage Cons

There are a number of damaging features you need to learn about (however the Execs closely outweigh the Cons). Some issues to contemplate:

Primarily based on all these elements, beneath is our ultimate ranking for Bestow Life Insurance coverage.

Listed below are our ideas on life insurance coverage issued by Bestow:

The Firm

Bestow insurance coverage is backed by an A+ rated service on A. M. Greatest which suggests payouts are assured.

We fee the insurance coverage firm a 4.8 out of 5 stars.

The Utility Course of

With no medical examination required, a 100% on-line course of, prompt quotes and accelerated underwriting, Bestow affords a handy and simple solution to get insured.

We fee the insurance coverage utility course of a 5 out of 5 stars.

Danger Evaluation

Primarily based on the danger you’re taking when making use of for an insurance coverage coverage, we fee Bestow a 5 out of 5.

Why? Their 30 days money-back assure means that you can resolve if it is the correct match for you and your loved ones. Throughout these 30 days you may cancel anytime.

Life Insurance coverage Charges

Bestow is true consistent with the pricing of all the highest life insurance coverage corporations and has inexpensive charges.

For the price of life insurance coverage we give them a 4.5 out of 5 stars.

Phrases And Protection

Insurance coverage phrases and protection quantities are restricted, because of this we give Bestow Insurance coverage a 4 out of 5 stars for his or her coverage choices.

Total Rating

Primarily based on the 5 elements we reviewed, Bestow Life Insurance coverage received a ultimate ranking of 4.66 out of 5 stars.

With this ranking, we are able to extremely suggest Bestow as being one of many prime insurance coverage corporations on the market. Have you ever selected getting a quote? It takes just a few seconds.

With Bestow, as a substitute of getting to take care of an examination or wait weeks for a solution, when you qualify, you may be lined inside minutes.

With the accelerated underwriting course of, you now not should be afraid of shopping for life insurance coverage. It is so quick, you will not even notice your utility is full, and your protection has began.

How Can I Qualify For A Bestow Coverage?

To qualify for the Bestow time period life insurance coverage coverage, you should:

Simply click on right here to get a life insurance coverage quote from Bestow or use any of the buttons above.